UK: Finance Bill receives Royal Assent

The Finance Bill received Royal Assent today and becomes known as the Finance Act 2009. A copy of the Act will soon be published on OPSI and the Statute Law Database. The Act - through Section 93 and Schedule 46 - will impose a new duty on the senior accounting officer (or officers) of qualifying companies to take reasonable steps to ensure that the company establishes and maintains appropriate tax accounting arrangements.

Update (22 July 2009): a copy of the Act has been published on OPSI: see here (pdf).