Article 7 Savings
Section 104AA(4) of the Capital Allowances Act 2001 continues to have effect as if it had not been amended by article 6 for the purposes of section 49(1A) (car hire: supplementary) of the Income Tax (Trading and Other Income) Act 2005f1 and section 57(1A) (car hire: supplementary) of the Corporation Tax Act 2009f2, in relation to expenditure incurred in the hiring of a car—
(a)
for a period of hire which begins before the relevant date, and
(b)
under a contract entered into before that date.