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HL 16: Portfolio allocation period and portfolio calculation period
or “Removed tax periods for certain investments”
You could also call this:

“Removal of rules for taxing uncertain or missing interest income”

You should know that the law about treating income from interest when the right to it is uncertain or missing has been removed. This part of the law used to be called ‘Treatment of income from interest when entitlement conditional or lacking’. It was taken out of the Income Tax Act 2007 on 1 April 2010. This change affects how taxes are worked out for certain groups from the 2010-11 tax year onwards.

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Next up: HL 18: Certain new investors treated as part of existing portfolio investor class

or “New investors may have been included in existing investment groups before 2010”
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Part H Taxation of certain entities
Portfolio investment entities

HL 17Treatment of income from interest when entitlement conditional or lacking (Repealed)

    Notes
    • Section HL 17: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).