Finance Act 2015

22 (1) Schedule 7 (transitionals and savings) is amended as follows.

(2) In paragraph 17 (taxable benefits: benefits code)—

(a) in sub-paragraph (2), for “the Chapters” to “lower-paid employments)” substitute “Chapters 3, 6, 7 and 10 of the benefits code (provisions not applicable before the tax year 2016-17 to lower-paid employments)”, and

(b) omit sub-paragraph (4).

(3) In paragraph 27(3) (loans released or written off)—

(a) in paragraph (a), for ““not an excluded employment”” substitute ““not lower-paid employment as a minister of religion””;

(b) in paragraph (b), for ““excluded employment”” substitute ““lower-paid employment as a minister of religion””.