CommencementU.K.
17(1)The amendment made by paragraph 1 has effect on and after 10th May 2007.U.K.
(2)The amendments made by paragraphs 2, 4(2) and (4), 5, 6 and 8 to 15 have effect in relation to periods of account beginning on or after 1st January 2007.
(3)But the amendment made by paragraph 2(4) does not apply where the transfer of business concerned took place before 10th May 2007.
(4)The amendment made by paragraph 3 has effect in relation to losses accruing in a period of account beginning on or after 1st January 2007.
(5)The amendment made by paragraph 4(3) has effect in relation to periods of account beginning on or after 1st January 2005.