Section 29: Preserving indefinite status of certain assessed income periods
133.Section 9(6) of the SPCA 2002 was inserted by section 105(4) of the PA 2008 to ensure that certain AIPs were extended indefinitely. This was a transitional provision and was thought to be necessary only until 6 April 2014. It is therefore repealed from that date by section 105(6) of the PA 2008. The repeal leaves some doubt about whether existing AIPs under section 9(6) of the SPCA 2002 will remain in place after 6 April 2014. Section 29 of the Act is intended to remove the doubt by ensuring that existing indefinite AIPs governed by section 9(6) of the SPCA 2002 remain in place on or after that date.
134.Section 29 was drafted so that it would work whether or not the section comes into force before, on or after 6 April 2014.