Commencement
2071.This Act came into effect on Royal Assent. Section 579 provides for it to apply
for income tax purposes for chargeable periods ending on or after 6 April 2001; and
for corporation tax purposes for chargeable periods ending on or after 1 April.
2072.The different dates reflect the fact that the income tax year starts on 6 April and the financial year on 1 April.