SCHEDULES
F2F2F1SCHEDULE 11A
Sch. 11A inserted (27.7.1993) by Finance Act 1993 (c. 34), s. 76, Sch. 5 para. 2
F3Part IVELIGIBLE REMOVAL BENEFITS
Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2
F4Benefits in respect of acquisition
Sch. 11A inserted (27.7.1993) by 1993 c. 34, s. 76, Sch. 5 para.2
F518
1
A benefit falls within paragraph 16(b) above if (and only if) the employee acquires an interest in his new residence and the benefit consists of one of the following—
a
legal services connected with the acquisition by the employee of the interest (including legal services connected with any loan raised to acquire the interest),
b
the waiving of any procurement fees connected with any such loan,
c
the waiving of any amount payable in respect of insurance effected to cover risks which are incurred by the maker of any such loan and which arise because the amount of the loan is equal to the whole, or a substantial part, of the value of the interest,
d
any survey or inspection of the residence undertaken in connection with the acquisition by the employee of the interest, and
e
the connection of any public utility for use by the employee, if the utility serves the residence.
2
Sub-paragraphs (2) to (4) of paragraph 9 above apply for the purposes of this paragraph as they apply for the purposes of that.
Sch. 11A repealed (6.4.2003 with effect in accordance with s. 723(1) of the repealing Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 6 para. 115, Sch 8 Pt. 1 (with Sch. 7)