Finance Act, 1990

Amendment of section 152 (provisions as to tax under section 151) of Corporation Tax Act, 1976 .

50.Section 152 of the Corporation Tax Act, 1976 , is hereby amended by the insertion after subsection (4) (inserted by the Finance Act, 1981 ) of the following subsection:

“(5) Subsections (1), (2) and (3) shall have effect only in respect of a company to which the provisions of subsection (10) of section 151 relates.”.