SCHEDULES

SCHEDULE 7 Personal Pension Schemes

Part I Amendments of Taxes Act

3

1

In section 640 (maximum amount of deductions) the following table shallbe substituted for the table in subsection (2) (maximum amount by referenceto age)—

36 to 45

20 per cent.

46 to 50

25 per cent.

51 to 55

30 per cent.

56 to 60

35 per cent.

61 or more

40 per cent.

2

This paragraph shall have effect for the year 1989-90 and subsequent yearsof assessment.