[F1681AGAggregation and apportionment of paymentsU.K.
This section has no associated Explanatory Notes
(1)This section applies for the purposes of section 681AE.
(2)If more than one payment is made for the same period, the payments must be taken together.
(3)If payments are made for periods which overlap—
(a)the payments must be apportioned, and
(b)the apportioned payments which belong to the common part of the overlapping periods must be taken together.
(4)References in subsections (2) and (3) to payments include references to parts of payments which under section 681AF are treated as if made later than they were made.]
Textual Amendments
F1Pt. 12A inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 4 para. 2 (with Sch. 9 paras. 1-9, 22)