SCHEDULES
F1SCHEDULE 7AInterest restriction returns
Annotations:
Amendments (Textual)
PART 1The reporting company
Obligation of reporting company to submit interest restriction return
F27A
1
This paragraph applies if—
a
a period of account (“the affected period”) of a worldwide group (“the old group”) ends solely as a result of the ultimate parent of the old group becoming a member of a different worldwide group, and
b
the time at which that happens is within 12 months of the beginning of the affected period.
2
For the purposes of this Part of this Act the filing date in relation to the affected period of the old group is whichever is the later of—
a
the date given by paragraph 7(5), and
b
the end of the period of 24 months beginning with the affected period.
Sch. 7A inserted (with effect in accordance with Sch. 5 para. 25(1)(2) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 2 (with Sch. 5 para. 28)