Schedules

SCHEDULE 2Transitionals and savings etc

Part 3Currency

Right of company to elect for alternative provision to apply

16

In relation to profits or losses arising in accounting periods of the company ending before 1 April 2010, an election under paragraph 13 has the effect that it would have had if it had been made under paragraph 13 of Schedule 18 to FA 2009 (assuming that that paragraph had not been repealed by this Act).