Finance Act, 2001

Amendment of section 838 (special portfolio investment accounts) of Principal Act.

56.—Section 838 of the Principal Act is amended—

(a) in subsection (1)—

(i) in the definition of “special portfolio investment account” by the substitution for “on or after the 1st day of February, 1993” of “on or after 1 February 1993 and before 6 April 2001”, and

(ii) by the deletion of the definition of “relevant period”,

and

(b) in subsection (2)—

(i) by the deletion of paragraph (c), and

(ii) in paragraph (g) by the substitution for “on or after the 1st day of February, 1996” of “on or after 1 February 1996 and before 31 December 2000”.