Income and Corporation Taxes Act 1988

Valid from 27/12/2007

Modification of section 83 (receipts to be taken into account)U.K.

17In section 83 (receipts to be taken into account)—

(a)after paragraph (b) insert—

(ba)a transfer from the fund for future appropriations,;

(b)after subsection (2) insert—

(2YA)A transfer to the fund for future appropriations shall be treated as brought into account for that period as a decrease in the value of non-linked assets and taken into account as an expense of the period of account.;

(c)omit subsections (2A) to (2E).