The Investment Funds, Companies and Misc, Provisions Acts 206 were signed into law on 24/12/06. the increased thresholds are effective for financial years commencing on or after 24/12/06. They also apply to financial years which commenced prior to 24/12/06 and ending no earlier than 24/02/07. Basically any company whose year end falls AFTER 24/02/07 can avail of the new limits. ( This per CRO newsletter of 22/01/07 ) For practical purposes since most companies have their year ends on month ends, years ending 28/02/07 or 31/03/07 so far would be able to avail of the new limits.