SCHEDULES

SCHEDULE 1Consequential amendments

Part 2Other enactments

Finance Act 1971 (c. 68)

386

In paragraph 8(2)(b) of Schedule 3 (taxation of refunds of contributions and certain other payments) for “to tax on the amount of the payment under Case VI of Schedule D” substitute

—

i

to income tax on the full amount of the payment arising in the year of assessment; or

ii

to corporation tax on the amount of the payment under Case VI of Schedule D