# Finance Act 1998, Paragraph 66


(1) To the extent that receipts or expenses have been taken into account before commencement, they shall not be taken into account again under the new rules after commencement.
(2) Nothing in section 43 of the Finance Act 1989 (computation of profits: effect of delayed payment of emoluments) shall be construed as affecting the rule in sub-paragraph (1) above.

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Source: https://www.legislation.gov.uk/ukpga/1998/36/schedule/5/paragraph/66 (the official version)
Page: https://openlegislation.uk/finance-act-1998/schedule-5/paragraph-66
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.