SCHEDULES

SCHEDULE 1Abolition of starting and savings rates and creation of starting rate for savings

Part 1Amendments of ITA 2007

14

In section 209(3) (withdrawal or reduction of EIS relief: disposal of shares)—

(a)

in the formula, for “S” substitute “ EISR ”, and

(b)

for the definition of “S” substitute “ EISR is the EIS rate. ”