# Finance (No. 2) Act 2023, Paragraph 32

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

(1) The amendments made by paragraph 8 have effect for periods of account of worldwide groups ending on or after 6 April 2020.
(2) Sub-paragraph (3) applies if—
(a) in accordance with Schedule 7A to TIOPA 2010, a reporting company has submitted an interest restriction return for a period of account of a worldwide group ending—
(i) on or after 6 April 2020, but
(ii) before the day on which this Act is passed; and
(b) any of the figures in the interest restriction return have become incorrect as a result of the amendments made by paragraph 8 (including as a result of an election made under section 413(7) of TIOPA 2010).
(3) A revised interest restriction return submitted under paragraph 8 of Schedule 7A to TIOPA 2010 has effect (so far as that would not otherwise be the case) if it is received before the end of the period of 3 months beginning with the day on which this Act is passed.

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Source: https://www.legislation.gov.uk/ukpga/2023/30/schedule/3/paragraph/32 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/schedule-3/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.