Part 9Miscellaneous and supplementary provisions
International matters
200Controlled foreign companies: exempt activities
1
Schedule 42 to this Act (which amends Part 2 of Schedule 25 to the Taxes Act 1988 (exempt activities)) shall have effect.
2
The amendments made by that Schedule have effect in relation to accounting periods of a controlled foreign company beginning on or after 27th November 2002.
3
In this section “accounting period” and “controlled foreign company” have the same meaning as in Chapter 4 of Part 17 of the Taxes Act 1988.
4
This section shall be taken to have come into force on 27th November 2002.