28Personal allowance for 2003-04 for those aged under 65
(1)For the year 2003-04 the amount specified in section 257(1) of the Taxes Act 1988 (personal allowance for those aged under 65) shall be taken to be £4,615.
(2)Accordingly, section 257C(1) of that Act (indexation), so far as it relates to the amount so specified, does not apply for that year.