Transitional provision7
1
This regulation applies for the purposes of the tax year 2003-04 (“the relevant year”) in the case of a worker to whom the principal Regulations apply only by virtue of the amendment made by regulation 5 of these Regulations.
2
For the purposes of the relevant year regulation 7(1) of the principal Regulations shall have effect as if—
a
for “a tax year” there were substituted “the relevant period”;
b
for each of the references to “in that year” there were substituted “in that period”;
c
in Step Six for “for that year” there were substituted “for the relevant period”; and
d
at the end there were added—
In this paragraph “the relevant period” means the period beginning with 1st September 2003 and ending with 5th April 2004.
3
Paragraph (4) applies for the purpose of the relevant year in the case of a worker who is not a director of the intermediary through which services are provided under the arrangements.
4
Where this paragraph applies, regulation 8(2) of the principal Regulations shall have effect as if—
a
for “the year concerned” there were substituted “the relevant period”;
b
for “during that year” there were substituted “during that period”; and
c
at the end there were added—
In this paragraph “the relevant period” has the same meaning as in regulation 7(1).