SCHEDULES

SCHEDULE 17 U.K. International movement of capital

Part 1 U.K. Abolition of existing regime

1 U.K. In ICTA, omit—

(a) section 765 (prior Treasury consent required for certain transactions involving movement of capital outside Europe),

(b) section 765A (HMRC to be given information about certain transactions involving movement of capital within Europe),

(c) section 766 (offence of failure to comply with section 765), and

(d) section 767 (interpretation).