77. In regulation 103 (transitional provision: prior obligations)—U.K.
(a)in paragraph (1)(b), for “IP completion day”, substitute “ the relevant date ”;
(b)for paragraph (3), substitute—
“(3) In this regulation—
“designated person” has the same meaning as it has in Chapter 1 of Part 3 (Finance);
“the relevant date” means the date on which Part 3 comes into force.”
Commencement Information
I1Sch. 2 para. 77 comes into force in accordance with art. 1(1)