37(1)In subsection (8) of section 96 of the Taxes Act 1988 (farming and market gardening: relief for fluctuating profits)—U.K.
(a)for the words “two years after the end of” there shall be substituted the words “ twelve months from the 31st January next following ”; and
(b)for the words “before the end of” there shall be substituted the words “ before the 31st January next following ”.
(2)This paragraph has effect where the first of the two years of assessment to which the claim relates is the year 1996-97 or any subsequent year.