Citation, commencement and effect
This section has no associated Explanatory Memorandum
1.—(1) This Order may be cited as the Income Tax (Trading and Other Income) Act 2005 (Consequential Amendments) Order 2006.
(2) This Order shall come into force on 30th March 2006.
(3) This Order has effect—
(a)for income tax purposes for the tax year 2006-07 and subsequent tax years, and
(b)for corporation tax purposes, for accounting periods ending after 5th April 2006.
(4) This Order shall be deemed to have had effect—
(a)for income tax purposes, for the tax year 2005-06, and
(b)for corporation tax purposes, for accounting periods ending after 5th April 2005 and before 6th April 2006.