120(1)The amendments made by this Schedule have effect—U.K.
(a)for the purposes of capital gains tax, for the tax year 2019-20 and subsequent tax years, and
(b)for the purposes of corporation tax, for accounting periods beginning on or after 6 April 2019.
(2)The amendments made by this Schedule also have effect for the purposes of corporation tax in relation to disposals made on or after 6 April 2019 (whether in their application to accounting periods beginning on, and ending on or after, that date or to later accounting periods).