Income Tax (Trading and Other Income) Act 2005

Part 10 U.K. Foster-care relief

149 (1) This paragraph applies if— U.K.

(a) a disposal event is treated as occurring in relation to an individual under paragraph 17(2) of Schedule 36 to FA 2003 (foster-care relief: capital allowances),

(b) the individual is a relevant individual for the tax year 2004-05,

(c) the individual has a chargeable period which corresponds to the income period for the individual's foster-care receipts in that tax year (and therefore the chargeable period is a relevant chargeable period), and

(d) the next chargeable period of the individual is not a relevant chargeable period.

(2) Subsection (4) of section 825 applies (despite anything in subsection (1) of that section to the contrary) as if the reference to the first subsequent chargeable period which is not a relevant chargeable period were to the period mentioned in sub-paragraph (1)(d).