12(1)Section 751B of that Act (sections 751A and 751AA: supplementary) is amended as follows.U.K.
(2)For “or 751AA” in subsections (1), (2), (3) (in each place) and (5) substitute “ , 751AA, 751AB or 751AC ”.
(3)In subsection (2), for paragraph (a) substitute—
“(a)may be made at any time before the end of the application period, and”
(4)In subsection (8), omit the “and” before paragraph (b), and after that paragraph insert—
“(c)in the case of an appeal in respect of the refusal of an application under section 751AB, has the meaning given by subsection (6) of that section, and
(d)in the case of an appeal in respect of the refusal of an application under section 751AC, has the meaning given by subsection (5) of that section.”
(5)For subsection (10) substitute—
“(10)In this section—
“the application period” means—
the period within which an amendment to the relevant company tax return may be made by virtue of paragraph 15(4) of Schedule 18 to the Finance Act 1998 (disregarding any extension of that period provided by subsections (3) and (4) of this section or any other enactment), or
if the relevant company tax return is amended under paragraph 34(2)(b) or (2A) of that Schedule as a consequence of the application of this Chapter—
the period of 30 days beginning when the amendment was notified to the company, or
if an appeal is brought against such an amendment, the period of 30 days beginning when that appeal is finally determined;
“relevant company tax return”, in relation to a company, means the return for the accounting period for which—
any sum is chargeable on the company under section 747(4)(a), or
any sum would be so chargeable but for section 751A, 751AA, 751AB or 751AC,
in respect of the chargeable profits of the company for the accounting period mentioned in section 751A, 751AA, 751AB or 751AC.”
(6)In the heading for “and 751AA” substitute “ to 751AC ”.