Finance Act 2012

This section has no associated Explanatory Notes

22(1)Subject to sub-paragraph (2), the amendments made by paragraphs 11 to 13 have effect in relation to a relevant holding issued on or after 23 March 2011.U.K.

(2)Those amendments do not have effect in relation to any relevant holding issued before 6 April 2012 if the relevant company, or a qualifying 90% subsidiary of that company, first began to carry on activities of the kind mentioned in section 303(1)(ka) of ITA 2007 before that day.

F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .