Section 625 — Corporation Tax Act 2010: Regulations: supplementary

Regulations: supplementary 625 1 Regulations under this Chapter may—

a make different provision for different descriptions of company, b contain incidental, supplemental, consequential and transitional provision and savings.

2 The provision which may be made under subsection (1)(b) includes provision amending any provision of, or made under, the Taxes Acts (within the meaning of section 118(1) of TMA 1970).

3 Regulations under this Chapter may , insofar as they concern the application of the Corporation Tax Acts in relation to a securitisation company, include provision which—

a in the case of provision relating to corporation tax, has effect from the beginning of periods of account current when the regulations are made, and b in the case of provision relating to income tax or capital gains tax, has effect in relation to times before the regulations are made.