SCHEDULES

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

Part 2Other amendments

ICTA

45

In section 701(3A) (estates of deceased persons in administration), omit—

a

“, the savings rate” (in both places),

b

“at the savings rate or”, and

c

sub-paragraph (ii) of paragraph (b) and the “and” before it.