# The Finance Act 2004, Sections 38 to 40 and 45 and Schedule 6 (Consequential Amendment of Enactments) Order 2004, Paragraph 16: Limitation of group relief in relation to certain dual resident companies


(1) Section 404 is amended as follows.
(2) In subsection (2)(c) (accounting period for which expenses of management are disbursed) for “disbursed” substitute “deductible”.
(3) The amendment made by sub-paragraph (2) has effect in any case where the accounting period referred to in section 404(2) of the Taxes Act 1988 begins on or after 1st April 2004.

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Source: https://www.legislation.gov.uk/uksi/2004/2310/schedule/paragraph/16 (the official version)
Page: https://openlegislation.uk/finance-act-2004-sections-38-to-40-and-45-and-schedule-6-consequential-amendment-of-enactments-order-2004/schedule/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.