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<h1>1977 Finance Act amends Voluntary Disclosure Act, adds subsections 5A, 5B for tax immunity if settled by 1978.</h1> The Finance (No. 2) Act, 1977 amends the Voluntary Disclosure of Income and Wealth Act, 1976, effective from April 1, 1976. It introduces new sub-sections (5A) and (5B) to sections 14 and 15, allowing declarants who have not paid taxes or invested as required to gain immunity if they settle unpaid taxes and interest at 12% per annum by January 1, 1978. The amendments ensure that provisions of the Income-tax and Wealth-tax Acts apply to the interest payable under these new sub-sections, aligning the interest treatment with existing tax regulations.