Schedule 7 Finance Act 2005: Para 19
Transitional provision: qualifying activities(1) If a withdrawal notice is given on or before 31st March 2006 under paragraph 15A of Schedule 22 to FA 2000 in respect of a single company or a group, the amendments made by-
(a) paragraph 4, and
(b) so far as relating to tugs, paragraph 6,
shall not have effect in relation to that company or group until the day on which the relevant accounting period begins.
(2) In sub-paragraph (1) “the relevant accounting period” means the first accounting period of the company to begin after 1st July 2005.
(3) In the case of a withdrawal notice given in respect of a group, this paragraph has effect in relation to each qualifying company in the group by reference to that company’s accounting periods.