SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax Act 2007 (c. 3)
713
(1)
Amend section 941 (deemed payments to unit holders and deemed deductions of income tax) as follows.
(2)
In subsection (1), after “ITTOIA 2005” insert “
or Chapter 5 of Part 10 of CTA 2009
”
.
(3)
In subsection (2), after “ITTOIA 2005” insert “
and section 973(2) of CTA 2009
”
.
(4)
Omit subsections (4) and (5).
(5)
In subsection (6)—
(a)
in the definition of “deemed deduction”, omit “or (5)”, and
(b)
in the definition of “deemed payment”, omit “or (4)”.