Section 1216CK No account to be taken of amount if unpaidF1
United Kingdom
(1)
In determining for the purposes of this Chapter the amount of costs incurred on a relevant programme at the end of a period of account, ignore any amount that has not been paid 4 months after the end of that period.
(2)
This is without prejudice to the operation of section 1216BD (when costs are taken to be incurred).
Annotations
Textual amendments
- F1
Pt. 15A inserted (17.7.2013 for specified purposes, 19.7.2013 in so far as not already in force, and with effect in accordance with Sch. 16 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 16 paras. 1, 2; S.I. 2013/1817, art. 2(1)