xmlns:atom="http://www.w3.org/2005/Atom"
4. In regulation 7 (meaning of “code” etc)—
(a)substitute for sub-paragraphs (d) and (e) of paragraph (3)—
“(d)the emergency code, which, after allowing for the personal allowance, effects deductions of tax at either or both of the basic rate and the higher rate, so that during the tax year the amounts subject to deductions at the rate or rates concerned are in accordance with section 10 of ITA (income charged at basic and higher rates: individuals);
(e)the emergency IB codes which, after allowing for the personal allowance and the blind person’s allowance, effect deductions at the basic rate, so that during the tax year the amounts subject to deductions at that rate are in accordance with section 10 of ITA.”;
(b)insert after paragraph (3)—
“(4) In paragraph (3)—
“blind person’s allowance” means an allowance claimed under either section 265 of ICTA(1) (blind person’s allowance) or section 38 of ITA (blind person’s allowance);
“personal allowance” means an allowance claimed under either section 257(1) of ICTA(2) (personal allowance) or section 35 of ITA (personal allowances for those aged under 65).”.
1988 c. 1; section 265 was substituted by paragraph 8 of Schedule 3 to the Finance Act 1988 (c. 39) and was amended by sections 33(10) and 57(4) of the Finance Act 1989 (c. 26), section 33(4) of the Finance Act 1991 (c. 31), paragraph 8 of Schedule 5 and Part 7(1) of Schedule 18 to the Finance (No.2) Act 1992 (c. 48), paragraph 10 of Schedule 8 and Part 5(1) of Schedule 26 to the Finance Act 1994 (c. 9), paragraph 19 of Schedule 20, paragraph 6 of Schedule 21 and Part 5(10) of Schedule 41 to the Finance Act 1996 (c. 8), section 56 of the Finance Act 1997 (c. 16), Part 3(15) of Schedule 20 to the Finance Act 1999 (c. 16), paragraph 8 of Schedule 35 to the Finance Act 2004 (c.12), and paragraph 35 of Schedule 1 to the Income Tax Act 2007 (c. 3), and by S.I. 2005/3229 and 2006/3241.
Section 257 was substituted by section 33 of the Finance Act 1988 and was amended by section 33 of the Finance Act 1989, paragraph 13 of Schedule 20 and Part 5(10) of Schedule 41 to the Finance Act 1996 and paragraph 29 of Schedule 1 to the Income Tax Act 2007, and by.S.I. 2006/3241.