Section 114B of the Value-Added Tax Consolidation Act 2010 is amended -

(a) by the deletion of subsection (7),

(b) by the substitution of the following subsection for subsection (8):

"(8) Where -

(a) this section applies to an accountable person,

(b) the accountable person complies with the accountable person's obligations under the Acts,

(c) the accountable person has -

(i) before 1 May 2024, engaged with the Collector-General regarding the accountable person's Covid-19 liabilities with a view to entering into an agreement to pay those liabilities, and

(ii) entered into an agreement referred to in subparagraph (i), whether before or after 1 May 2024,

and

(d) the accountable person complies with the obligations of the accountable person under the agreement entered into as referred to in paragraph (c)(ii),

no interest shall be due and payable by the accountable person in respect of the accountable person's Covid-19 liabilities during Period 1, Period 2 and Period 3.",

and

(c) by the substitution of the following subsection for subsection (10):