SCHEDULES

SCHEDULE 26Redundant reliefs

Part 1Income tax and corporation tax

Transitional relief for charities etc on abolition of payment of tax credits on distributions

1

1

Section 35 of, and Schedule 5 to, F(No.2)A 1997 (transitional relief for charities etc and limitations on entitlement to the relief) are repealed.

2

Accordingly—

a

in section 231B of ICTA, in subsection (4)—

F1i

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ii

omit paragraph (d) (and the “and” before it), and

b

the following provisions are repealed—

i

in ITA 2007, paragraph 379 of Schedule 1;

ii

in FA 2010, paragraph 14 of Schedule 6.