18U.K.For the purposes of paragraphs 16 and 17, each of the following is a “financial year”—
(a)the period which begins when section 2 of this Act comes into force and ends with the following 31 March;
(b)each successive period of 12 months.
Commencement Information
I1Sch. 1 para. 18 in force at 11.11.2010 by S.I. 2010/2703, art. 2(a)