# Finance Act 2002, Paragraph 7: Interpretation


For the purposes of this Schedule—
(a) a company’s commencement day is the first day of its first accounting period to begin on or after 1st October 2002,
(b) a company’s first new period is its first accounting period to begin on or after that date, and
(c) an old period of the company is any accounting period of the company ending before the first day of its first new period.

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Source: https://www.legislation.gov.uk/ukpga/2002/23/schedule/28/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2002/schedule-28/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.