22(1)Section 253 of the Taxes Act 1988 (power to modify or replace section 234(5) to (9) and Schedule 13) shall be amended as follows.U.K.
(2)In subsection (1)—
(a)paragraph (b), and
(b)the words “and to Schedule 13",
shall cease to have effect.
(3)Subsection (2) (which concerns ACT) shall cease to have effect.
(4)In subsection (3)(a) (which contains a reference to ACT) the words “advance corporation tax or" shall cease to have effect.
(5)This paragraph has effect in relation to accounting periods beginning on or after 6th April 1999.