Transitional relief for charities etc on abolition of payment of tax credits on distributionsU.K.
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Schedule 5 to, F(No.2)A 1997 (transitional relief for charities etc and limitations on entitlement to the relief) are repealed.U.K.
(2)Accordingly—
(a)in section 231B of ICTA, in subsection (4)—
F1(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(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(b)the following provisions are repealed—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.
Textual Amendments
F1Sch. 26 para. 1(2)(a)(i) omitted (with effect in accordance with Sch. 1 para. 73 of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 1 para. 69(b)