Related Commentary  Related HMRC Manuals

83(1)  For the purposes of the Corporation Tax Acts as they apply to a securitisation company in relation to a period of account–

(a)beginning on or after 1st January 2005, and

(b)(subject to subsection (7A)(a)) ending before 1st January 2008,

generally accepted accounting practice shall be taken to be UK generally accepted accounting practice as it applied for a period of account ending on 31st December 2004.

83(2)  For the purposes of this section a “securitisation company”  means a company that is–

(a)a note-issuing company,

(b)an asset-holding company,

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