Related Commentary  

213(1)  If–

(a)a date (“the middle date”) is treated under section 211 as the accounting date in a tax year (“the earlier tax year”),

(b)the basis period for the earlier tax year ends on the middle date, and

(c)the basis period for the following tax year (“the later tax year”) is that given by one of the provisions listed in subsection (2),

the basis period for the later tax year is determined as if the basis period for the earlier tax year had ended on the date to which accounts were actually drawn up in the earlier tax year.

213(2)  The provisions are–

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