5. Not to be deemed as a defaulter

For the avoidance of doubt it is stated that, where a specified institution or other person has not paid the tax in accordance with the provisions of subsection (2) of section 2 of this Act, for any period commencing on January 1, 2022

and ending on the date of the commencement of this Act, pays the amount of tax payable by such intitution or person, on or before the twentieth day of the succeeding month of the date of the commencement of this Act, such specified institution or person shall not be deemed to be a defaulter in terms of the provisions of the principal enactment.