Taxes Consolidation Act, 1997 (Number 39 of 1997) 817Z. Scope of application (1) Subject to subsection (2), this Chapter shall apply to a payment of interest or royalties, or the making of a distribution, on or after 1 April 2024. (2) Where arrangements are in place on or before 19 October 2023, in respect of which there is a payment of interest or royalties, or the making of a distribution, then this Chapter shall apply to such payment or distribution made, as the case may be, on or after 1 January 2025.