Finance Act 2008

ICTA U.K.

40 U.K. ICTA is amended as follows.

41 U.K. In section 468(1A) (authorised unit trusts), for “savings rate” substitute “ basic rate ”.

42 U.K. In section 468A(1) (open-ended investment companies), for “savings rate” substitute “ basic rate ”.

43 U.K. In section 552(5)(f)(i) (information: duty of insurers), for “savings rate” substitute “ basic rate ”.

F1 44 U.K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Sch. 1 para. 44 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

45 U.K. 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.

46 U.K. Omit section 789(2) (double taxation arrangements made under old law: surtax).