3. Amendment of section 8 (taxable persons) of Principal Act.

(1) Section 8 of the Principal Act is amended—

(a) in paragraph (c)(ii) of subsection (1A) by substituting “paragraph (aa) or (ab) or subsection (2)” for “subsection (2)”,

(b) in paragraph (d)(iii) of subsection (1A) by substituting “paragraph (aa) or (ab) or subsection (2)” for “subsection (2)”, and

(c) in subsection (3A), by substituting “paragraph (aa) or (ab) of subsection (1A) or subsection (2)” for “subsection (2)”.

(2) Where, as a consequence of the amendment of the Principal Act by paragraph (1), any accountable person would be liable, apart from this paragraph, to pay and account for tax under the Principal Act before or on the day of the making of these Regulations, then, to the extent that that tax has not been paid and accounted for by that person before or on that day, that tax shall be deemed for all the purposes of the Principal Act to be tax due by that person for the taxable period (as defined in the Principal Act) in which these Regulations are made.