SCHEDULE 1 U.K. TRANSITIONAL PROVISIONS AND SAVINGS

PART 1 U.K. GENERAL PROVISIONS

Continuity of the law U.K.

7.  Any reference (express or implied) in these Regulations to general earnings, PAYE income or similar concepts created by ITEPA is to be read as including, in relation to times, circumstances or purposes in relation to which any corresponding concept which has been superseded by ITEPA had effect, a reference to the superseded concept.