Income Tax Act 2007

This adran has no associated Nodiadau Esboniadol

88(1)Amend section 477A (building societies: regulations for deduction of tax) as follows.U.K.

(2)Omit subsections (1) to (2A).

(3)In subsection (3)—

(a)omit the words from “For any” to “above apply,”, and

(b)in paragraph (b) omit the words “paid or credited in the year of assessment”.

(4)Omit subsection (7).

F1(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)In subsection (10) omit the definitions of “qualifying certificate of deposit”, “qualifying deposit right” and “security”.

F1(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1Sch. 1 para. 88(5)(7) repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)