SCHEDULES

SCHEDULE 16U.K.Controlled foreign companies

Part 2U.K.Amendment of exempt activities exemption

Abolition of special rules for holding companies other than local holding companiesU.K.

11U.K.In consequence of the amendments made by paragraph 10, omit—

(a)in FA 1998, in Schedule 17, paragraphs 30(4)(a), (5), (6) and (8), 31, 32(2) and (3)(a) and 33,

(b)in FA 2000, in Schedule 31, paragraph 7(2) to (7), (10) and (11), and

(c)in FA 2003, in Schedule 42, paragraph 2(2).