Article 3 Citation, commencement and effect

Article 6 has effect—

(a)

for corporation tax purposes, for accounting periods^f1 beginning on or after 1st April 2012, and

(b)

for capital gains tax purposes, for the tax year 2012-13^f2 and subsequent tax years.

Annotations

f1: See section 1119 of the Corporation Tax Act 2010 (c. 4) for the meaning of “accounting period” for the purposes of the Corporation Tax Acts. Schedule 1 to the Interpretation Act 1978 (c. 30) defines “the Corporation Tax Acts”.
f2: See section 288(1ZA) of the Taxation of Chargeable Gains Act 1992 (c. 12) for the meaning of the expressions “tax year” and “the tax year 2012-13” for the purposes of enactments relating to capital gains tax. Section 288(1ZA) was inserted by paragraph 101(3) of Schedule 2 to the Finance Act 2008 (c. 9).