SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax (Earnings and Pensions) Act 2003 (c. 1)
439
1
Amend section 515 (tax advantages and charges relating to SIPs) as follows.
2
In subsection (1)—
a
for “provisions of ICTA relate” substitute “
provision of ICTA relates
”
, and
b
omit paragraph (b) and the “and” immediately after it.
3
In subsection (2)—
a
omit the “and” immediately after paragraph (b), and
b
after paragraph (c) insert
, and
d
Chapter 5 of Part 9 of ITA 2007 (which provides for section 479 of that Act not to apply to income of the trustees of an approved SIP in certain circumstances)
4
Omit subsection (3).