4U.K.In Schedule 23A to the Taxes Act 1988 (manufactured payments)—
(a)paragraph 6 (unapproved manufactured payments) shall cease to have effect; and
(b)in paragraph 7(3)—
(i)in paragraph (a), the words “except where paragraph 6 above applies, and” shall be omitted;
(ii)paragraph (b) shall be omitted; and
(iii)for the words “3, 4 or 6” there shall be substituted “ 3 or 4 ”.