Amendment of section 420 of the Income Tax (Earnings and Pensions) Act 2003
This section has no associated Explanatory Memorandum
2. In section 420(1) of the Income Tax (Earnings and Pensions) Act 2003(1)—
(a)omit the word “and” at the end of paragraph (f),
(b)at the end of paragraph (g) insert “, and”, and after paragraph (g) insert—
“(h)arrangements falling within section 48A of the Finance Act 2005(2) (alternative finance arrangements: alternative finance investment bond).”.
(1)
Subsection (1) of section 420 was amended by paragraph 2(2) to (4) of Schedule 2 to the Finance (No. 2) Act 2005 (c. 22) and by section 92(2) of the Finance Act 2006 (c. 25).
(2)
2005 c. 7; section 48A was inserted by section 53 of the Finance Act 2007 (c.11).