SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Taxes Management Act 1970 (c. 9)

306

(1)

Amend section 90 (disallowance of relief for interest on tax) as follows.

(2)

In subsection (1) omit paragraph (b) and the “and” immediately before that paragraph.

(3)

Omit subsection (2).

(4)

For the title substitute “ Interest on tax payable gross ”.