# Finance Act 2012, Paragraph 12


(1) For the purposes of this paragraph a “relevant court-protected item” means a relevant computational item that relates to an excess of assets over liabilities held in a non-profit fund in respect of which an order made by a court is in force preventing the distribution of the excess (in any circumstances whatever) before the end of a period specified in the order.
(2) A receipt within paragraph 9 or 10 consisting of a relevant court-protected item is to be treated as arising over the period of 10 years beginning with the relevant day.
(3) The relevant day is whichever of the following days occurs first—
(a) the day on which the court order ceases to be in force, or
(b) 1 January 2015.
(4) The amount of the receipt apportioned to (and treated as arising in) any accounting period falling wholly or partly in that 10-year period is to be determined in proportion to the number of days of the accounting period falling within that 10-year period.
(5) This paragraph is subject to paragraphs 13 to 15 (transfers and cessation of business etc).

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/17/paragraph/12 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-17/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.