Section 506 | Commencement ^F1

(1)This Act comes into force on 1 April 2010 and has effect—

(a)for corporation tax purposes, for accounting periods ending on or after that day,

(b)for income tax and capital gains tax purposes, for the tax year 2010-11 and subsequent tax years, and

(c)for petroleum revenue tax purposes, for chargeable periods beginning on or after 1 July 2010.

(2)Subsection (1) does not apply to the following provisions (which therefore come into force on the day on which this Act is passed)—

(a)section 499,^F2

(b)section 500,^F3

(c)the amendments in TCGA 1992 and ITA 2007 made by Part 13 of Schedule 8,

(d)section 501 so far as relating to those amendments,^F4

(e)Repealed^F5

(f)Repealed^F5

(g)section 502(2) and (3),^F6

(h)section 505,^F7

(i)this section, and

(j)section 507.^F8