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21. In relation to the period starting on 1st September 1998 and ending on 5th April 1999 regulation 20 of the Principal Regulations as amended by regulation 15 above shall have effect with the following modifications–
(a)in paragraph (3)(a) for “during a tax year” there shall be substituted “during the period from 1st September 1998 to 5th April 1999 (“the initial period”)” and for “in that tax year” there shall be substituted “in the initial period”;
(b)in paragraph (3)(b)–
(i)for “in any tax year” there shall be substituted “in the initial period” and for “during that tax year” there shall be substituted “during the initial period”,
(ii)T and U shall be 7/12 of the values of T and U given in paragraph (3)(b).
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