Commentary on Sections Overview Overview
2825.This Chapter provides relief for research into certain vaccines and medicines. It is based on Schedule 13 to FA 2002.
2826.The Chapter applies only to expenditure incurred on or after 22 April 2003. See paragraph 28(1) of Schedule 13 to FA 2002. Schedule 2 (transitionals and savings) preserves this commencement rule (which, for the purposes of this Act, is relevant only to pre-trading expenditure).