Introduction Accounting periods ending before 20 March 2013
47.Paragraph 22(2) amends section 371CE by omitting section 371CE(4)(b). This means that for accounting periods that begin on or after 1 January 2013 and end before 20 March 2013, the definition of a group treasury company for the purposes of Part 9A excludes the new restriction on the definition of a group treasury company for the purposes of the Worldwide Debt Cap that is introduced in Finance Act 2013.