SCHEDULE
PART 1Amendments of other Acts of Parliament
Income Tax Act 200712
In section 564B (meaning of “financial institution”) of the Income Tax Act 2007 M1—
a
in subsection (1) for paragraph (d) substitute—
d
a person with permission under Part 4A of the Financial Services and Markets Act 2000 to enter into, or to exercise or have the right to exercise rights and duties under, a contract of the kind mentioned in paragraph 23 or paragraph 23B of Schedule 2 to that Act (credit agreements and contracts for hire of goods);
b
after subsection (1) insert—
1A
Subsection (1)(d) must be read with—
a
section 22 of the Financial Services and Markets Act 2000,
b
any relevant order under that section, and
c
Schedule 2 to that Act.