Finance Act 2001

Consequential amendments of other enactments

36 (1) Schedule 19 to the Finance Act 1993 (c. 34) (Lloyd’s underwriters: assessment and collection of tax) is amended as follows.

(2) In paragraph 4(3) (application of section 31(5) to (5E) of the 1970 Act to appeal against a determination of a syndicate’s profit or loss)—

(a) for “(5) to (5E) of section 31” substitute “(5) and (6) of section 31A and subsections (2) to (7) of section 31D”, and

(b) for “(4) of that section” substitute “(1) of section 31D of that Act”.

(3) In paragraph 7(2)(a) (application of section 31 of the 1970 Act) for “section 31” substitute “section 31A”.