# Finance Act 2026, Paragraph 28: Commencement of Chapter

Extent: E+W+S+N.I.

(1) The amendments made by this Chapter have effect in relation to transfers and grants made on or after 1 January 2026.
(2) But they do not have effect in relation to a transfer or grant made on or after that date if the transfer or grant is made pursuant to an obligation, under a contract, that was unconditional before that date.
(3) An obligation is “unconditional” if it may not be varied or extinguished by the exercise of a right (whether under the contract or otherwise).

---
Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/6/paragraph/28 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-6/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.