3(1)In section 42 of the Taxes Management Act 1970 (procedure for making claims), as it has effect in relation to corporation tax for accounting periods ending on or after the day appointed under section 199 of the Finance Act 1994, the following provisions shall cease to have effect—U.K.
(a)subsections (4) and (4A) (claims by companies for payment of tax credits); and
(b)in subsection (5), the words from “and the reference in subsection (4) above” onwards.
(2)This paragraph has effect in relation to tax credits in respect of distributions made on or after 6th April 1999.