Paragraph 2
United Kingdom
(1)
Regulations may make such provision as the Treasury think fit with regard to the application of this Chapter to an existing asset, liability or contract (such as provision for finding the basic valuation of an asset or liability).
(2)
Nothing in the following provisions of this Schedule shall prejudice the generality of sub-paragraph (1) above.
Notes on Schedule 16
Textual amendments
- F1
Sch. 16 repealed (24.7.2002 with effect as mentioned in s. 79(3) of the amending Act) by 2002 c. 23, ss. 79(1)(b), 141, Sch. 40 Pt. 3(10) Note 2 (with Sch. 23 paras. 25, 26)