SCHEDULES

SCHEDULE 9 U.K. Friendly societies

Amendments of the Taxes Act 1988 U.K.

11 (1) Section 464 (maximum benefits payable to members) shall be amended as follows. U.K.

F1 (2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) In subsection (5)(d)(ii), for “society which is not" there shall be substituted “ friendly society other than ”.

(4) In subsection (7)—

(a) for “registered friendly society or branch" there shall be substituted “ friendly society or registered branch ”, and

(b) for “registered friendly societies or branches" there shall be substituted “ friendly societies or registered branches ”.

Textual Amendments

F1 Sch. 9 para. 11(2) repealed (19.7.2007) by Finance Act 2007 (c. 11), Sch. 27 Pt. 2(12)