Finance Act 1998 (c. 36)

SCHEDULES

SCHEDULE 3 U.K. Advance corporation tax

Section 703 of the Taxes Act 1988 U.K.

32 (1) Section 703 of the Taxes Act 1988 (cancellation of tax advantage) shall be amended as follows. U.K.

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

(3) Subsections (4) to (6) (which make provision in relation to treating of amounts of ACT as paid) shall cease to have effect.

F2 (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5) Sub-paragraph (3) above has effect for the year 1999-00 and subsequent years of assessment.

Textual Amendments

F1 Sch. 3 para. 32(2) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

F2 Sch. 3 para. 32(4) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)