# Finance Act 2012, Paragraph 49


(1) The CFC charge is charged in relation to accounting periods of CFCs beginning on or after 1 January 2013.
(2) The first accounting period of a company which is a CFC at the beginning of 1 January 2013 begins at that time.
(3) Sub-paragraph (2) is subject to paragraph 50 below.
(4) This paragraph is to be read as if contained in Part 9A of TIOPA 2010.

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/20/paragraph/49 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-20/paragraph-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.