Income Tax Act 2007 (c. 3)

SCHEDULES

SCHEDULE 1 U.K. Minor and consequential amendments

Part 1 U.K. Income and Corporation Taxes Act 1988

180 U.K. In section 762 (offshore income gains accruing to persons resident or domiciled abroad)—

(a) in subsection (5)—

(i) in paragraph (a) for “sections 739 and 740” substitute “ Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad) ”, and

(ii) in paragraph (b) for “those sections” substitute “ that Chapter ”, and

(b) in subsection (6) for “section 739 or 740 above” substitute “ Chapter 2 of Part 13 of ITA 2007 ”.