Part 3Income tax, corporation tax and capital gains tax
Chapter 2Other provisions
New reliefs
F153 Tax relief for expenditure on research and development
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F254 Tax relief for expenditure on vaccine research etc
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F355 Gifts of medical supplies and equipment
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56 R&D tax relief for small and medium-sized enterprises: minor and consequential amendments
Schedule 15 to this Act (which makes minor amendments to Schedule 20 to the Finance Act 2000 (tax relief for R&D expenditure of small and medium-sized enterprises), including amendments consequential on Schedules 12 and 13 to this Act) has effect for accounting periods ending on or after 1st April 2002.
57 Community investment tax relief
1
Schedule 16 to this Act (community investment tax relief) has effect.
2
Schedule 17 to this Act (which makes provision consequential on the introduction of community investment tax relief) has effect.
3
Schedules 16 and 17 shall come into force on such day as the Treasury may by order appoint.
4
On and after that day—
a
Schedule 16 shall have effect in relation to—
i
investments made on or after such day as the Treasury may so appoint, being a day not earlier than 17th April 2002, and
ii
claims made on or after such day as the Treasury may so appoint,
b
paragraphs 2 to 4 of Schedule 17 shall have effect for years of assessment ending on or after the day appointed under paragraph (a)(i), and
c
paragraph 5 of that Schedule shall have effect for accounting periods ending on or after that day.
58 Relief for community amateur sports clubs
1
Schedule 18 to this Act (relief for community amateur sports clubs) has effect.
2
Parts 1, 5 and 6 of that Schedule shall be deemed to have come into force on 1st April 2002.
Accordingly, an application under that Schedule by a club to be registered as a community amateur sports club may be granted with effect from that date or any subsequent date before the passing of this Act.
3
Parts 2 and 4 of that Schedule have effect in relation to accounting periods ending on or after 1st April 2002.
4
Part 3 of that Schedule has effect in relation to gifts made on or after 6th April 2002.