(1) Section 57 of the Principal Act is amended in subsection (3) by substituting "the valuation date or the date of the payment of the tax concerned (where that tax has been paid within 4 months after the valuation date)" for "the later of the valuation date or the date of the payment of the tax concerned".
(2) This section applies to claims for repayment of tax made on or after 31 January 2008.