Finance Act, 1992

Amendment of section 21 (amendment of Part IX (Schedule F and company distributions) of Corporation Tax Act, 1976) of Finance Act, 1989.

41.Section 21 of the Finance Act, 1989 , is hereby amended, as respects interest paid on or before the 31st day of December, 1991, by the substitution of the following paragraph for paragraph (b) of subsection (2):

“(b) the interest or other distribution is paid on or before the 31st day of December, 1991, in respect of—

(i) a period before that date, and

(ii) a security issued before the 12th day of April, 1989.”.