Finance Act, 1993

Amendment of section 50 (returns and collection of advance corporation tax) of Finance Act, 1983.

41.Section 50 (as amended by the Finance Act, 1990 ) of the Finance Act, 1983 , is hereby amended, as respects accounting periods ending on or after the 1st day of May, 1993, by the insertion after subsection (6) of the following proviso to that subsection:

“Provided that where the last day of the period within which the advance corporation tax is due is a day after the 28th day of the month in which that period ends the advance corporation tax shall be due not later than the 28th day of the said month.”.