# Finance (No. 3) Act 2010, Paragraph 7


(1) If a company so elects, this Schedule has effect in relation to a relevant distribution received by the company as if—
(a) the amendments made by paragraphs 1 to 4 were of no effect, and
(b) paragraphs 5(2) and 6 were of no effect.
(2) An election under this paragraph has effect only in relation to such distributions as are specified in the election.
(3) In this paragraph “relevant distribution” means a distribution made before 22 June 2010.

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Source: https://www.legislation.gov.uk/ukpga/2010/33/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-no-3-act-2010/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.