Income Tax (Trading and Other Income) Act 2005 Explanatory Notes

Paragraph 609: section 635 of ITEPA

3520.Section 635 of ITEPA is amended because the ICTA references on which it depends are rewritten and repealed for income tax purposes. This paragraph is based on sections 65, 68, 584 and 585 of ICTA.

3521.The commentary on the paragraph 606, amending section 575 of ITEPA, applies equally here. See Change 154 in Annex 1.

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