Amendment to section 115K raises specified monetary limits and substitutes earlier thresholds, effective from the relevant fiscal year. Amendment to section 115K: With effect from 1 April 1997 the Finance (No. 2) Act, 1996 substitutes higher monetary thresholds in section 115K, replacing the earlier specified threshold wherever it occurs with an increased figure and substituting a higher upper cap at both places where the cap appears, thereby raising the monetary threshold and cap for the applicable fiscal period.