# Finance Act 2011, Paragraph 9


(1) Part 2 of Schedule 16 to FA 2009 (controlled foreign companies: amendment of exempt activities exemption) is amended as follows.
(2) In paragraph 12 (commencement), in sub-paragraph (2)(b) for “2011” substitute “ 2012 ”.
(3) In paragraph 15 (qualifying holding companies: periods straddling 1 July 2011)—
(a) in sub-paragraph (1)(a) for “2011” substitute “ 2012 ”,
(b) in sub-paragraph (2)(a) for “2011” substitute “ 2012 ”, and
(c) accordingly, in the heading for “2011” substitute “ 2012 ”.
(4) In paragraph 16 (qualifying holding companies: definition of “relevant accounting period”), in paragraph (b) for “2011” substitute “ 2012 ”.
(5) In the italic heading before paragraph 17 for “two years before 1 July 2011” substitute “ three years before 1 July 2012 ”.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/12/paragraph/9 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-12/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.