SCHEDULES
SCHEDULE 1Consequential amendments
Part 1Income and Corporation Taxes Act 1988
188
(1)
Section 486 (industrial and provident societies and co-operative associations) is amended as follows.
(2)
In subsection (1)—
F1(a)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)
for “the purposes of corporation tax” substitute “
those purposes
”
.
(3)
In subsection (4) at the end insert “for the purposes of corporation tax”.
(4)
Omit subsection (5).