# Corporation Tax Act 2009, Paragraph 65


(1) This paragraph applies as regards a debtor relationship entered into in pursuance of a contract—
(a) made before 4 March 2005, and
(b) not varied after that date, or not varied until after that date.
(2) A debit is not allowed or required, as a result of the amendments made by paragraph 3(2) and (4) to (7) of Schedule 8 to F(No.2)A 2005, to be brought into account under Part 5 for an accounting period in respect of any amount of discount in respect of which a debit is so brought into account for any earlier accounting period.
(3) In sub-paragraph (2) “earlier accounting period” means an accounting period that began before—
(a) 1 April 2007, or
(b) if the contract mentioned in sub-paragraph (1) was varied before that date, the date of variation.
(4) The references in this paragraph to the variation of a contract do not include references to a variation that does not affect the terms of the debtor relationship in question.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/paragraph/65 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-65
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.