Finance (Covid-19 and Miscellaneous Provisions) Act 2021
Amendment of section 17C of Social Welfare Consolidation Act 2005 | ||
12. Section 17C of the Social Welfare Consolidation Act 2005 is amended— | ||
(a) in subsection (1)— | ||
(i) in the definition of “Covid-19 liabilities”, by the substitution of “subsection (13)” for “subsections (13) and (14)”, | ||
(ii) in the definition of “Period 1”, by the substitution of the following paragraph for paragraph (b): | ||
“(b) ending on 31 December 2021;”, | ||
(iii) by the substitution of the following definition for the definition of “Period 2”: | ||
“‘Period 2’, in relation to an employer, means the period beginning on 1 January 2022 and ending on 31 December 2022;”, | ||
(iv) by the substitution of the following definition for the definition of “Period 3”: | ||
“‘Period 3’, in relation to an employer, means the period beginning on 1 January 2023 and ending on the day on which the employer has discharged the Covid-19 liabilities in full.”, | ||
and | ||
(v) by the deletion of the definitions of “recommencement date” and “taxable period”, | ||
(b) in subsection (13), by the insertion of “or annually” after “quarterly”, and | ||
(c) by the deletion of subsections (14) and (15). |