Textual Amendments
F1Sch. 3ZB inserted (with effect in accordance with Sch. 49 para. 8 of the amending Act) by Finance Act 2013 (c. 29), Sch. 49 para. 6
F2Words in Sch. 3ZB substituted (12.2.2019) by Finance Act 2019 (c. 1), Sch. 7 para. 6(1)(c)
Textual Amendments
F3Words in Sch. 3ZB substituted (12.2.2019) by Finance Act 2019 (c. 1), Sch. 7 para. 6(1)(a)
Textual Amendments
F4Sch. 3ZB paras. 11-14 and cross-headings substituted for Sch. 3ZB paras. 11-17 (with effect in accordance with Sch. 8 para. 8 of the amending Act) by Finance Act 2019 (c. 1), Sch. 8 para. 6
11(1)Where a CT exit charge payment plan is entered into the ECPP tax is due in 6 instalments of equal amounts as follows—U.K.
(a)the first instalment is due on the first day after the period of 9 months beginning immediately after the end of the migration accounting period, and
(b)the other 5 instalments are due one on each of the first 5 anniversaries of that day.
(2)But see paragraphs 12, 13 and 14 for circumstances in which all or part of the outstanding balance of the ECPP tax becomes due otherwise than by those instalments.]]