Valid from 06/04/2011
6(1)The amendments made by paragraphs 2(2)(b) and (c), (3) to (6) and 4(2) and (3) have effect in relation to accounting periods ending on or after the commencement day.U.K.
(2)The amendments mentioned in sub-paragraph (1) do not have effect in relation to shares or securities held by a company (“the investing company”) if the shares or securities—
(a)are issued before the commencement day, or
(b)are issued on or after that day and are acquired by the investing company by means of the investment of protected money.
(3)In this paragraph “protected money” means—
(a)money raised by the issue before the commencement day of shares in or securities of the investing company, or
(b)money derived from the investment of such money.