# Income Tax (Trading and Other Income) Act 2005, Paragraph 28


(1) Sections 101 and 102 do not apply to a reverse premium—
(a) which was received before 9th March 1999, or
(b) to which the recipient was entitled immediately before that date.
(2) In determining whether a reverse premium was one to which the recipient was entitled immediately before 9th March 1999, no account is to be taken of any arrangements made on or after that date.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/2/paragraph/28 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-2/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.