Part 3

Income tax, corporation tax and capital gains tax
Chapter 2

Corporation tax: general

Accounting practice

Amendment of enactments that operate by reference to accounting practice
52
1
Schedule 10 makes amendments of provisions of the Tax Acts that operate by reference to accounting practice.
2
In that Schedule—
- Part 1 makes amendments relating to loan relationships;
- Part 2 makes amendments relating to derivative contracts;
- Part 3 makes amendments relating to intangible fixed assets;
- Part 4 makes amendments relating to foreign currency accounting.
3
The amendments have effect in relation to—
a
periods of account beginning on or after 1st January 2005, ...
b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 52(3)(b) and word repealed (retrospective to 7.4.2005) by Finance Act 2005 (c. 7), Sch. 4 para. 50, Sch. 11 Pt. 2(7)