Regulation 3 Amendments to the Principal Regulations
In Regulation 2(1)f1—
(a)
after the definition of“income tax month” there shall be inserted—
““income tax period” means income tax quarter while Regulation 26A has effect, butotherwise means income tax month;
“income tax quarter” means the period beginning on the 6th day of April and ending onthe 5th day of July, or beginning on the 6th day of July and ending onthe 5th day of October, or beginning on the 6th day of October andending on the 5th day of January or beginning on the 6th day of Januaryand ending on the 5th day of April;”
(b)
in the definition of“year” after the word“assessment” there shall be inserted“and“current year” shall be construed accordingly”.