There are currently no known outstanding effects for the Finance (No. 2) Act 2023, Section 65.
(1)This section applies in relation to a post-merger production group if, in a relevant year, Amount A is less than Amount B.
(2)“Amount A” is the aggregate of the alcohol production amount, in relation to every set of premises in the group, for the production year immediately preceding the relevant year (determined in accordance with section 57).
(3)“Amount B” is the adjusted post-merger amount in the relevant year.
(4)Neither the relevant year, nor any subsequent production year, is a merger transition year in relation to the group.
(5)Each of Year 1, 2 and 3 is a “relevant year” for the purposes of this section.
Commencement Information
I1S. 65 not in force at Royal Assent, see s. 120(2)
I2S. 65 in force at 1.8.2023 by S.I. 2023/884, reg. 2(1)(a) (with reg. 10)
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