The Insolvency (Northern Ireland) Order 1989 No. 2405 (NI. 19)

SCHEDULES

SCHEDULE 9 AMENDMENTS

PART II OTHER AMENDMENTS

(1) ACTS OF THE PARLIAMENT OF THE UNITED KINGDOM

The Income and Corporation Taxes Act 1988 (c. 1)

59.  In section 293(5) (relief for investment in new corporate trades) for “Companies (Northern Ireland) Order 1986” substitute “Insolvency (Northern Ireland) Order 1989”.

60.  In section 345(5) (computation of chargeable gains) for “496 of the Companies (Northern Ireland) Order 1986” substitute “123 of the Insolvency (Northern Ireland) Order 1989”.

61.  In section 559 (deductions from payments to sub-contractors) subsection (6) shall be omitted.