Finance Act 2009 (c. 10)

SCHEDULES

SCHEDULE 2 U.K. Income tax rates

Part 2 U.K. Amendments of other Acts

FA 2004 U.K.

16 U.K. In section 240 (amount of scheme sanction charge), after subsection (3) insert—

“(3A) The Treasury—

(a) may by order amend subsection (1) so as to vary the rate of the scheme sanction charge, and

(b) may by order amend subsection (3)(a) so as to vary the percentage mentioned there.

(3B) An order under subsection (3A) may make provision for there to be different rates or percentages in different circumstances.”