SCHEDULES

SCHEDULE 5Corporate interest restriction

PART 3Consequential amendments

TMA 1970

3

(1)

In section 98 of TMA 1970 (special returns, etc), in the table in subsection (5), in the first column, the entry relating to regulations under section 283, 284, 285, 295 or 297 of TIOPA 2010 is repealed.

(2)

In consequence of sub-paragraph (1), paragraph 157(3) of Schedule 8 to TIOPA 2010 is repealed.