SCHEDULES

SCHEDULE 2 U.K.Transitionals and savings etc.

Part 3 U.K.Trading income

Post-cessation receipts U.K.

61 U.K.Chapter 18 of Part 2 does not apply in relation to a post-cessation receipt if—

(a) the person who would be liable to tax on the receipt was born before 6th April 1917, and

(b) the cessation of the trade occurred before 6th April 2000.