# Finance Act 1998, Section 37: Abolition of periodic accounting.

Extent: E+W+S+N.I.

(1) Section 51B of the Taxes Act 1988 (which enables provision to be made requiring tax on interest on gilt-edged securities to be accounted for periodically) shall cease to have effect.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The preceding provisions of this section have effect in relation only to payments of interest falling due on or after such day as the Treasury may by order appoint.

---
Source: https://www.legislation.gov.uk/ukpga/1998/36/section/37 (the official version)
Page: https://openlegislation.uk/finance-act-1998/section-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.