Paragraph 25

(1)

Section 565 (which defines the amount to be charged to corporation tax where there is a breach of the condition in section 530) is amended as follows.

(2)

In subsections (2) and (3), in the definition of “D”—

(a)

for “on or before” substitute “ within ”,

(b)

in paragraph (a) for “filing date referred to in” substitute “ deadline set by ”, and

(c)

in paragraph (b) for “date specified” substitute “ deadline set ”.

(3)

After subsection (3) insert—

“(4)
The definition of “D” in subsections (2) and (3) needs to be read with section 530A (so far as applicable).”