# Finance Act 2019, Paragraph 16


(1) The provision made by paragraphs 1 to 4 has effect for the purposes of income tax in relation to payments made on or after 1 January 2019.
(2) But the revocations made by paragraph 1—
(a) do not affect the application of regulation 6 or 9 of the Taxation of Regulatory Capital Securities Regulations 2013 in relation to payments made before the day on which this Act is passed, and
(b) do not, in the case of a transitional qualifying instrument, apply to payments made before 1 January 2024 in any case where regulation 6 or 9 of those Regulations would have applied but for the provision made by paragraph 1.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/20/paragraph/16 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-20/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.