SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Finance Act 2002 (c. 23)
414
The Finance Act 2002 is amended as follows.
415
Omit section 98.
416
In section 142 (interpretation) at the end insert “, and “ITA 2007” means the Income Tax Act 2007”.
417
In paragraph 19 of Schedule 12 (tax relief for expenditure on research and development) for sub-paragraph (2) substitute—
2
For the purposes of this Schedule whether a person is connected with another is determined in accordance with section 839 of the Taxes Act 1988.
418
In paragraph 27 of Schedule 13 (tax relief for expenditure on vaccine research etc) for sub-paragraph (2) substitute—
2
For the purposes of this Schedule whether a person is connected with another is determined in accordance with section 839 of the Taxes Act 1988.
F1419
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F3420
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421
In Schedule 25 (loan relationships), omit paragraph 57.
F2422
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423
Omit Schedule 33 (venture capital trusts).