SCHEDULES

SCHEDULE 12Close Companies

Part IAdministrative Provisions

Interpretation

1.

In this Part of this Schedule “the relevant provisions” means—

(a)

sections 13A, 231 and 419 to 422 of the Taxes Act 1988, and

(b)

Chapter III of Part XI of that Act (as it has effect in relation to accounting periods beginning before 1st April 1989).