SCHEDULES
SCHEDULE 14Transfer of deductions
Commencement and transitional provision
3
1
The amendments made by this Schedule have effect in relation to a qualifying change if the relevant day is on or after 20 March 2013.
2
But those amendments do not have effect if before that date—
a
the arrangements made to bring about the qualifying change were entered into, or
b
there was an agreement, or common understanding, between the parties to those arrangements as to the principal terms on which the qualifying change would be brought about.
3
If—
a
the relevant day in relation to a qualifying change is before 26 June 2013, or
b
paragraph (a) or (b) of sub-paragraph (2) was satisfied before that date,
those amendments have effect in relation to the qualifying change as if section 730C(9)(b) were omitted.