197Meaning of “accounting date”U.K.
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(1)In this Chapter “accounting date”, in relation to a tax year, means—
(a)the date in the tax year to which accounts are drawn up, or
(b)if there are two or more such dates, the latest of them.
(2)This is subject to—
(a)section 211(2) (middle date treated as accounting date), and
(b)section 214(3) (date treated as accounting date if date changed in tax year in which there is no accounting date).