47Amendments of s.26 of 7 & 8 Geo.5 c.31 as respects accounting periods ending after 31st December 1919
In the application of Part III. of the principal Act to excess profits duty for any accounting period ending after the thirty-first day of December, nineteen hundred and nineteen, section twenty-six of the Finance" Act, 1917, shall have effect as though in paragraph (1) "five per cent." were substituted for " three per cent., " and as though in paragraph (4) for the words " five hundred pounds " and " two thousand pounds," respectively, wherever those words occur, there were substituted the words " two thousand pounds " and " four thousand pounds," respectively.