Paragraph 8
(1)
Paragraphs 9 and 10 apply where a company has an accounting period (the “straddling accounting period”) that begins before and ends on or after commencement day.
(2)
In paragraphs 9 and 10 “commencement day” means—
(a)
5 December 2013 (except where paragraph (b) applies);
(b)
1 January 2015, in relation to a company that makes an election under paragraph 7.
(3)
Expressions used in paragraph 9 or 10 and in Chapter 8 of Part 8 of CTA 2010 (as inserted by paragraph 3) have the same meaning in the paragraph concerned as in that Chapter.