Part 3 Commencement

Part 3 Commencement

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Any power to make regulations conferred on the Treasury by virtue of this Schedule comes into force on the day on which this Act is passed.

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(1)     The amendments made by the following provisions of this Schedule have effect in relation to accounting periods beginning on or after 1 April 2016—

(a)     Part 1, and

(b)     in Part 2, paragraphs 2 to 12.

(2)     Sub-paragraph (3) applies where a company

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