Amendment of paragraph 4(5) of Schedule 19AA of the Income and Corporation Taxes Act 1988
This section has no associated Explanatory Memorandum
4. In paragraph 4(5) of Schedule 19AA of the Income and Corporation Taxes Act 1988(1) omit the definition of “free assets amount”.
(1)
Schedule 19AA was inserted by paragraphs6 and 10(1) of Schedule 7 to the Finance Act 1990 and the definition of “free assets amount” was amended by article 3 of S.I. 2001/2188, section 170 of, and paragraph 27 to Schedule 33 to, the Finance Act 2003 (c. 14) and articles 2 and 7(1) and (4) of S.I. 2005/3465.