This section has no associated Explanatory Notes
113(1)Amend section 231 (tax credits for certain recipients of qualifying distributions) as follows.
(2)In subsection (1)—
(a)for “sections” to “1993” substitute “sections 231AA and 231AB of this Act”,
(b)for the words from “where” to “charged” substitute “for corporation tax purposes where”, and
(c)omit “or a person resident in the United Kingdom, not being a company”.
(3)Omit subsections (3) and (3AA).
(4)In subsection (4) for “he” in both places where it occurs substitute “that person”.