Section 932 — Corporation Tax Act 2010: Periods of account and related periods of account and accounting periods

Periods of account and related periods of account and accounting periods 932 1 In this Part “ period of account ” means a period for which accounts are made up.

2 Except for the purposes of sections 901 to 904 and subsection (3), in this Part “ period of account ” does not include a period that begins before 26 November 1996.

3 But this Part applies in relation to a period of account that begins before 26 November 1996 and ends on or after that date as if—

a so much of the period as falls before that date, and b so much of the period as falls on or after that date, were separate periods of account.

4 For the purposes of this Part, an accounting period is related to a period of account if the accounting period consists of or includes the whole or any part of the period of account.

5 For the purposes of this Part a period of account is related to an accounting period if the accounting period is related to the period of account.