SCHEDULES

SCHEDULE 7 U.K. Transfer of charge under Schedule C to Schedule D

Commencement, etc. U.K.

32 U.K.Subject to paragraphs 33 and 34 below, this Schedule has effect—

(a) for the purposes of income tax, for the year 1996-97 and subsequent years of assessment;

(b) for the purposes of corporation tax, for accounting periods ending after 31st March 1996.