SCHEDULES

SCHEDULE 26Offshore funds

Correction of cross-reference

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(1)

In section 763(6) of the Taxes Act 1988 (offshore income gain treated as consideration given on certain disposals), for “section 757(6)” substitute “ section 757(5) or (6) ”.

(2)

Sub-paragraph (1) has effect, and shall be deemed always to have had effect, in relation to disposals on or after 17th April 2002.