- Latest available (Revised)
- Original (As made)
The Local Currency Elections Regulations 1994
You are here:
- 1994 No. 3230
- Regulation 9
What Version
Opening Options
Status:
This is the original version (as it was originally made). UK Statutory Instruments are not carried in their revised form on this site.
Periods for which elections have effect
9.—(1) Subject to the following provisions of these Regulations, an election for a trade or part of a trade shall have effect as respects that trade or part for all accounting periods beginning on or after the date on which the election is made.
(2) Subject to the following provisions of these Regulations, an election for a trade or part of a trade made by a company which, as respects that trade or part, is within the charge to corporation tax immediately before its commencement day shall have effect as respects that trade or part of all accounting periods beginning on or after that day if the election is made before the end of the period of 92 days beginning with that day.
(3) Subject to the following provisions of these Regulations, an election for a trade or part of a trade made by a company which, as respects that trade or part, is not within the charge to corporation tax immediately before its commencement day shall have effect as respects that trade or part for all accounting periods beginning on or after the first day on which it comes within that charge as respects that trade or part if the election is made before the end of the period of 92 days beginning with that first day.
Options/Help
Print Options
Print The Whole Instrument
Print This Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once