Finance Act 2020

Amendment of section 126AA of Principal Act (further levy on certain financial institutions)

52. (1) Section 126AA(6) of the Principal Act is amended by substituting “308 per cent” for “170 per cent”.

(2) Subsection (1) shall apply in relation to a statement to be delivered in accordance with section 126AA(2) of the Principal Act for the year 2021.