Transitional provision4

1

In relation to any self-assessment amount payable by a person to HMRC and outstanding immediately prior to 31st October 2011—

a

section 86 of the Taxes Management 1970 (interest on overdue income tax and capital gains tax)8 has effect up to and including 30th October 2011, and

b

sections 101 and 103 of the Finance Act 2009 have effect on and after 31st October 2011.

2

In relation to any self-assessment amount payable or repayable by HMRC to a person and outstanding immediately prior to 31st October 2011—

a

section 824 of the Income and Corporation Taxes Act 1988 (repayment supplements: individuals and others)9 and section 283 of the Taxation of Chargeable Gains Act 1992 (repayment supplements)10 have effect up to and including 30th October 2011, and

b

sections 102 and 103 of the Finance Act 2009 have effect on and after 31st October 2011.