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SCHEDULES

SCHEDULE 1U.K.Abolition of basis periods

PART 3U.K.Amendments of other Acts

Income Tax Act 2007U.K.

54(1)Section 525 (meaning of “charitable trade”) is amended as follows.

(2)In subsection (1), in the words before paragraph (a), omit “the basis period for”.

(3)Omit subsection (5).