SCHEDULES

SCHEDULE 2 U.K.Transitionals and savings

Part 12 U.K.Manufactured payments and repos

Tax credits: stock lending arrangements and repos U.K.

110 (1) Section 593(3) does not apply if the qualifying distribution was received by the interim holder before the relevant date. U.K.

(2) The relevant date is—

(a) if the interim holder is an individual, 6 November 2003, and

(b) if the interim holder is not an individual, 17 March 2004.