SCHEDULES

SCHEDULE 5Corporate interest restriction

PART 4Commencement and transitional provision

Time limit relating to appointment of reporting company or filing interest restriction return

28

1

Paragraph 1(4)(a) of Schedule 7A to TIOPA 2010 (notice of the appointment of reporting company ineffective if given outside the period specified in that provision) does not apply to a notice that—

a

is given on or before 31 March 2018, and

b

would otherwise be of no effect by reason only of the expiry of the period specified in that provision.

2

Paragraph 2(4)(a) of that Schedule (notice of the revocation of the appointment of reporting company ineffective if given outside the period specified in that provision) does not apply to a notice that—

a

is given on or before 31 March 2018, and

b

would otherwise be of no effect by reason only of the expiry of the period specified in that provision.

3

Where the date determined under paragraph 7(5) of that Schedule as the filing date in relation to a period of account of a worldwide group would (apart from this sub-paragraph) be a date before 30 June 2018, that provision has effect as if it provided for the filing date in relation to the period to be 30 June 2018.