(1) The Principal Act is amended -

(a) in section 123B -

(i) in subsection (1), by the insertion of the following definition:

"'electronic means' has the same meaning as it has in section 917EA of the Taxes Consolidation Act 1997;",

(ii) in subsections (2) and (2B), by the deletion of "in writing", and

(iii) by the insertion of the following subsection after subsection (12):

"(13) Any statement required to be delivered to the Commissioners pursuant to subsection (2) or (2B), as the case may be, shall be delivered by electronic means and the relevant provisions of Chapter 6 of Part 38 of the Taxes Consolidation Act 1997 shall apply.",

(b) by the insertion of the following section after section 123C:

"123D. Bills of Exchange

(1) In this section -

'credit institution' and 'financial institution' have the same meanings respectively as they have in the European Union (Capital Requirements) Regulations 2014;

'electronic means' has the same meaning as it has in section 917EA of the Taxes Consolidation Act 1997;