This section has no associated Explanatory Notes
7(1)Schedule 5 (amount of tax chargeable: rent) is amended as follows.U.K.
(2)In paragraph 9—
(a)in sub-paragraph (4)—
(i)after “section 55” insert “ or 74(1A) ”, and
(ii)after “Schedule” (in the second place it occurs) insert “ 4A or ”, and
(b)in sub-paragraph (5)—
(i)for “that section” substitute “ section 55 ”, and
(ii)after “Schedule” (in the second place it occurs) insert “ 6B ”.
(3)In paragraph 9A(1), for “where there is chargeable consideration other than rent.” substitute “where—
(a)there is chargeable consideration other than rent, and
(b)section 55 (amount of tax chargeable: general) applies to the transaction (whether as a result of paragraph 2 of Schedule 4A or otherwise).”