SCHEDULES

F1SCHEDULE 29ATaxable property held by investment-regulated pension schemes

Annotations:
Amendments (Textual)
F1

Sch. 29A inserted (retrospective to 6.4.2006) by Finance Act 2006 (c. 25), s. 158(2), Sch. 21 para. 13

Part 4Amount and timing of unauthorised payment

Improvement of taxable property

38

1

This paragraph applies to a case within subsection (2) of section 174A (improvement of taxable property).

2

An unauthorised payment is treated as made when a payment is made in connection with the improvement works.

3

The total taxable amount in relation to the unauthorised payment is the amount of the payment mentioned in sub-paragraph (2).