SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Finance Act 1989 (c. 26)
278
The Finance Act 1989 is amended as follows.
279
In section 88(1)
(corporation tax: policy holders' fraction of profits) for “lower rate” substitute “
savings rate
”
.
280
In section 111 (residence of personal representatives)—
a
omit subsections (1) to (3) and (6) to (8), and
b
in subsection (5) omit the words “Subject to subsections (6) to (8) below,”.
281
1
Amend section 151 (assessment of trustees and personal representatives) as follows.
2
In subsection (2)(a) omit the words from “other” to “2005,”.
3
Omit subsection (2)(b) and the “and” immediately before it.
4
Omit subsection (3).
282
In section 182(3)
(disclosure of information) at the end of paragraph (d) insert “
or section 704 of the Income Tax Act 2007
”
.
283
1
Amend Schedule 5 (employee share ownership trusts) as follows.
2
In paragraph 15 for “section 840 of the Taxes Act 1988” substitute “
section 995 of the Income Tax Act 2007
”
.
3
In paragraph 16(2)—
a
in paragraph (b) for “section 840 of that Act” substitute “
section 995 of the Income Tax Act 2007
”
, and
b
in paragraph (c) for “that Act” substitute “
the Taxes Act 1988
”
.