Search Legislation

Finance Act 1988

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Cases where rule does not apply until end of transitional period

 Help about opening options

Version Superseded: 01/04/2009

Alternative versions:

Status:

Point in time view as at 24/07/2002.

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 1988, Cross Heading: Cases where rule does not apply until end of transitional period. Help about Changes to Legislation

Cases where rule does not apply until end of transitional periodU.K.

3(1)Subject to sub-paragraph (2) below, in relation to a company which—U.K.

(a)carried on business at any time before the commencement date;

(b)was not resident in the United Kingdom immediately before that date; and

(c)is not a company falling within paragraph 1(1) above,

section 66(1) of this Act shall not apply until after the end of the transitional period.

(2)If at any time on or after the commencement date a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.

4(1)Subject to sub-paragraph (2) below, in relation to a company which—U.K.

(a)carried on business at any time before the commencement date;

(b)ceases to be resident in the United Kingdom at any time on or after that date in pursuance of a Treasury consent; and

(c)is not a company falling within paragraph 2(1) above,

section 66(1) of this Act shall not apply until after the end of the transitional period.

(2)If at any time after it ceases to be resident in the United Kingdom a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?