Finance (No.2) Act 2023

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Amendment of section 784 of Principal Act (retirement annuities: relief for premiums)

17. Section 784 of the Principal Act is amended by the insertion of the following subsection after subsection (8):

“(9) Notwithstanding any other provision of this Chapter, on and from 1 January 2024 the Revenue Commissioners shall not approve any contract under this section, save in the case of any such contract in respect of which an application has been made to the Revenue Commissioners for approval under this section before that date.”.