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Amendment of section 126AB of Principal Act (further levy on certain financial institutions)
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96. Section 126AB of the Principal Act is amended—
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(a) in subsection (1), by the substitution of the following definition for the definition of “base year”:
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“ ‘base year’, in respect of each of the years 2024 and 2025, means the year 2022;”,
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and
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(b) by the substitution of the following subsection for subsection (2):
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“(2) A relevant person shall, for each of the years 2024 and 2025, not later than the due date in relation to each such year, deliver to the Commissioners a statement showing the assessable amount.”.
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