Section 473C of the Principal Act is amended -

(a) in subsection (1) -

(i) by the substitution of the following definition for the definition of "qualifying period":

"'qualifying period' means -

(a) for the purposes of subsection (4), the period commencing on 1 January 2023 and ending on 31 December 2023, and

(b) for the purposes of subsection (4A), the period commencing on 1 January 2024 and ending on 31 December 2024;",

and

(ii) by the substitution of the following definition for the definition of "relievable interest":

"'relievable interest' has the meaning given to it -

(a) by subsection (4), in the case of the year of assessment 2023, and

(b) by subsection (4A), in the case of the year of assessment 2024;",

(b) in subsection (2), by the substitution of "a qualifying period referred to in paragraph (a) or (b), as the case may be, of the definition of that term in subsection (1)" for "the qualifying period",

(c) in subsection (4)(a), by the substitution of "For the purposes of this section, in respect of a claim under subsection (2) for the year of assessment 2023," for "For the purposes of this section,",