# Finance Act 1998, Paragraph 18


In paragraph 2(1) of Schedule 24 to the Taxes Act 1988 (foreign company assumed to become resident in UK at beginning of first accounting period in respect of which a direction is given or which is an ADP exempt period)—
(a) in paragraph (a), for “a direction is given under section 747(1)" there shall be substituted “ an apportionment under section 747(3) falls to be made ”; and
(b) in the words following paragraph (b), for “a direction is given" there shall be substituted “ an apportionment falls to be made ”.

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Source: https://www.legislation.gov.uk/ukpga/1998/36/schedule/17/paragraph/18 (the official version)
Page: https://openlegislation.uk/finance-act-1998/schedule-17/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.