SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Income Tax (Trading and Other Income) Act 2005 (c. 5)

569

1

Amend section 685A (discretionary payments under settlor-interested settlements) as follows.

2

In subsection (4) omit paragraph (c) and the “and” immediately before it.

3

In subsection (6) for “Section 687 of ICTA” substitute “ Sections 494 and 495 of ITA 2007 ”.