Section 121A(2)(b) of the Principal Act is amended -

(a) in subparagraph (vii) -

(i) in clause (IV), by the substitution of "subject to subparagraph (viii), €20,000" for "€20,000", and

(ii) in clause (V), by the substitution of "subject to subparagraph (viii), €10,000" for "€10,000",

and

(b) in subparagraph (viii) -

(i) by the substitution of "each of the years of assessment 2023 to 2028 (both years inclusive)" for "the years of assessment 2023, 2024 and 2025",

(ii) in clause (I) -

(I) by the substitution of "clause (I), (II), (III), (IV) or (V)" for "clause (I), (II) or (III)",

(II) in subclause (A), by the substitution of "clause (I), (II), (III), (IV) or (V)" for "clause (I), (II) or (III)", and

(III) by the substitution of the following subclause for subclause (B):