Schedules

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Income Tax (Earnings and Pensions) Act 2003 U.K.

383 (1) Amend section 68 (meaning of “material interest” in a company) as follows. U.K.

(2) In subsection (2) for “such associates” substitute “ other such associates ”.

(3) In subsection (3) for “such associates” substitute “ other such associates ”.

(4) In subsection (4)—

(a) in the definition of “associate”—

(i) for “section 417(3) of ICTA” substitute “ section 448 of CTA 2010 ”,

(ii) for “section 417(3)”, in the second place, substitute “ section 448(1) ”, and

(b) in the definition of “participator” for “section 417(1) of ICTA” substitute “ section 454 of CTA 2010 ”.