Amounts to be carried forward
This section has no associated Explanatory Notes
90(1)Paragraph 68 (reinvestment: amounts to be carried forward) is amended as follows.
(2)In sub-paragraph (4)—
(a)omit paragraph (a) and the “or” after it, and
(b)in paragraphs (b) and (c) omit “during that period”.
(3)Omit sub-paragraph (6).
(4)The amendments made by this paragraph have effect in relation to amounts held by trustees on or after 6 April 2013 (including amounts originally retained before that date in relation to which an event falling within paragraph 68(4)(a) to (c) of Schedule 2 to ITEPA 2003 did not occur before that date).
(5)A SIP approved before 6 April 2013 has effect accordingly with the omission of any provision falling within a provision of Schedule 2 to ITEPA 2003 omitted by this paragraph.