Income Tax Act 2007 (c. 3)

SCHEDULES

SCHEDULE 2 U.K. Transitionals and savings

Part 12 U.K. Manufactured payments and repos

Deemed manufactured payments: repos U.K.

118 (1) This paragraph applies if an agreement to sell securities was made before 9 April 2003. U.K.

(2) Section 605 has effect with the omission—

(a) in subsection (1), of the words “or B”, and

(b) of subsection (3).