Part 13Supplementary provisions

Amendments, repeals, citation etc.

723Commencement and transitional provisions and savings

1

This Act comes into force on 6th April 2003 and has effect—

a

for the purposes of income tax, for the tax year 2003-04 and subsequent tax years, and

b

for the purposes of corporation tax, for accounting periods ending after 5th April 2003.

2

Subsection (1) is subject to Schedule 7, which contains transitional provisions and savings.