No. The Dual Music Licence is a licence contract which covers both IMRO and PPI music copyrights.
Under law, two distinct permissions are required by businesses in Ireland who play music – one which covers the public performance of the musical work on behalf of composers, songwriters and music publishers and the other which covers the public performance of sound recordings on behalf of record producers and performers. To date these licences have been administered separately by IMRO and PPI respectively. However, as of January 1st 2016, both distinct licences are now included in the Dual Music Licence which is administered by IMRO.