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SCHEDULES

SCHEDULE 37U.K.Companies owned by employee-ownership trusts

PART 2U.K.Employment income exemption

6U.K.In section 717 (orders and regulations made by Treasury etc), in subsection (4) (instruments not subject to negative resolution procedure), after “to which” insert “ section 312A(10) (reduction of tax-exempt amount in respect of certain bonus payments) or ”.