Paragraph 13

(1)

The amendments made by this Schedule have effect in relation to periods of account beginning on or after 6 December 2010.

(2)

But, for the purposes of sub-paragraph (1), a period of account beginning before, and ending on or after, 6 December 2010 is to be treated as if so much of the period as falls before that date, and so much of the period as falls on or after that date, were separate periods of account.

(3)

The following provisions of CTA 2009 do not have effect where they apply by reason of tax avoidance arrangements to which the company became a party before 23 March 2011—

(a)

section 312(3)(a) (as inserted by paragraph 3(4) of this Schedule);

(b)

section 599B(2A) (as inserted by paragraph 9(2) of this Schedule);

(c)

section 599B(4) (as inserted by paragraph 9(3) of this Schedule).