The Principal Act is amended -

(a) in section 1(1), by inserting the following definition:

"‘Revenue officer’ means an officer of the Commissioners;",

(b) in section 14A, by substituting the following for subsection (3):

"(3) Where an accountable person fails to cause the delivery of an electronic return or a paper return in relation to an instrument on or before the specified return date, any amount of stamp duty chargeable which, apart from this section, is contained in an assessment of stamp duty made under section 20 shall be increased by an amount (in this subsection referred to as a ‘surcharge’) equal to -

(a) 5 per cent of that amount of duty, subject to a maximum surcharge of €12,695, where the return is delivered before the expiry of 2 months from the specified return date, and

(b) 10 per cent of that amount of duty, subject to a maximum surcharge of €63,485, where the return is not delivered before the expiry of 2 months from the specified return date.",

(c) in section 20, by inserting the following after subsection (9):

"(10) An assessment of stamp duty shall, where subsection (3) of section 14A applies, include any surcharge within the meaning of that subsection.",

(d) in section 134A, by inserting the following after subsection (13):