Paragraph 1
United Kingdom
No levy shall be imposed under section 19 above in respect of any company—
(a)
after the end of the period of two years beginning with the beginning of the liquidation if the company is a company in liquidation; or
(b)
after the end of the period of two years beginning with the relevant time as defined by section 16(6) above if the company is a company in financial difficulties within the meaning of that section.
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 3(1)(a)
Act continued for certain purposes (subject to modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9, 11, Sch. 1 Pt. I; S.I. 2001/3538, art. 1(2)