Cabinet Decision No. 98 of 2024 amends Cabinet Decision No. 57 of 2020 on Economic Substance Requirements by adding a new Article (2 bis) limiting its application to financial years commencing from 1 January 2019 up to the financial year ending on 31 December 2022. It also cancels all administrative penalties imposed on Licensees and Exempted Licensees under that decision in respect of financial years ending after 31 December 2022, and requires the National Assessing Authority to refund any such penalties already imposed and conclude all related grievances.