SCHEDULE 1 U.K. TRANSITIONAL PROVISIONS AND SAVINGS

PART 2 U.K. SPECIFIC PROVISIONS

Attribution of repayments: tax years before the tax year ending 5th April 1997 U.K.

26.—(1) Despite the revocations made by these Regulations, regulations 106 to 108 of the 1993 Regulations (attribution of repayments) continue to apply in relation to a repayment to which section 824(5) of ICTA(1) applies for a tax year ending on or before 5th April 1996, but with the modification mentioned in sub-paragraph (2).

(2) The modification is that the reference to the collector in regulation 107(3) is to be read as including a reference to the Inland Revenue.

Commencement Information

I1 Sch. 1 para. 26 in force at 6.4.2004, see reg. 1

(1)

Section 824(5) was amended by section 158(2) of the Finance Act 1989 (c. 26) and repealed, with savings, by paragraph 41 of Schedule 19 to the Finance Act 1994 (c. 9).