8(1)Section 79 (commencement and transitional provision) is amended in accordance with this paragraph.
(2)For subsection (1) substitute—
“(1)This Part comes into force—
(a)for the purposes of making regulations under section 70, 73, 75 or 76, on the day after the day on which paragraphs 1 to 8 of Schedule 12 to FA 2020 come into force, and
(b)for all other purposes, on such day as the Commissioners may by regulations appoint.”
(3)Omit subsections (3) to (5).