Document ID: chunk:federal_register_of_legislation:C2004C01393:clause:1_90
Version: federal_register_of_legislation:C2004C01393
Segment Type: clause
Provision Reference: sch 1 cl 90
Character Range: 30601–31125

90  At the end of section 139N
Add:

 (2) A refund is not taken into account under paragraph (1)(b) if it relates to a year of income that ended before the date of the bankruptcy.

 (3) If a refund relates to a year of income that commenced before, but ended after, the date of the bankruptcy, then it is taken into account under paragraph (1)(b) only to the extent that the refund is attributable to the part of the year of income after the date of bankruptcy. For this purpose, the refund is apportioned on a time basis.