31(1)In section 444AB(6) of ICTA (transfer schemes transferring whole of business), for the words after “means” substitute “ the period of account of the transferor ending, or treated by section 444AA(2) as ending, immediately before the transfer date. ”U.K.
(2)The amendment made by sub-paragraph (1) has effect in relation to transfers of business taking place on or after 1 July 2008.