# Finance Act 2013, Paragraph 43


In section 820 (periods of account not ending on 5th April)—
(a) the existing provision becomes subsection (1), and
(b) after that subsection insert—
“(2) Where an election under section 25A (cash basis for small businesses) has effect in relation to the trade, any reference in this section or sections 821 to 823 to the period of account in which receipts accrue is to be read as a reference to the period of account in which receipts are received.”

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Source: https://www.legislation.gov.uk/ukpga/2013/29/schedule/4/paragraph/43 (the official version)
Page: https://openlegislation.uk/finance-act-2013/schedule-4/paragraph-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.