80(1)Amend section 607 (marine pilots: pilots' benefit fund) as follows.U.K.
(2)In subsection (2)(a) for “597 to 600” substitute “ 598 to 599A ”.
(3)In subsection (2)(b) for “under section 600” substitute “ in accordance with section 584 of ITEPA 2003 (unauthorised payments) ”.
(4)For subsection (3)(a) substitute—
“(a)in section 592—
(i)subsections (4) to (6) shall be omitted; and
(ii)for subsection (7) there shall be substituted—
“(7)Any contribution paid under the scheme by a member of the fund shall, in assessing tax under Schedule D, be allowed to be deducted as an expense.”;”.
(5)In subsection (3)(b) for “sections 597 to 606 (except sections 601 to 603)” substitute “ sections 598 to 599A and sections 604 to 606 ”.
(6)Omit subsection (3)(b)(iv) and the word “and” preceding it.