s 9 Amendment of section 34
Section 34 of the principal Act is amended by inserting after subsection (7) the following subsection: “(7a) Where in the basis period for a year of assessment an amount in respect of any sum received by the relevant person which is treated as part of the gross income of the relevant person in accordance with subsection 24(1a) is refunded, such amount shall be deducted from the relevant gross income of the relevant person for the basis period for that year of assessment.”.