Amendment of section 12
This section has no associated Explanatory Memorandum
3. In section 12 (basis of, and periods of, assessment)(1), omit subsections (7A) and (7C).
(1)
Section 12 was relevantly amended by paragraph 3 of Schedule 9 to the Finance Act 1990 (c. 29), S.I. 2001/3629, paragraph 1(6) of Schedule 41 to the Finance Act 2003 (c. 14), paragraph 20(2) and (3) of Schedule 9 to the Finance (No. 2) Act 2005 (c. 22) and paragraph 3(2) of Schedule 9 to the Finance Act 2007.