SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
361Finance Act 1993 (c. 34)
1
Amend Schedule 20A (Lloyd’s underwriters: conversion to limited liability underwriting) as follows.
2
In paragraph 2—
a
in sub-paragraph (2) for “The carry-forward provision” substitute “Section 83 of ITA 2007”, and
b
omit sub-paragraphs (3) and (4).
3
In paragraph 5(1), in the definition of “ordinary share capital”, for “section 832(1) of the Taxes Act 1988” substitute “section 989 of ITA 2007”.
4
In paragraph 7(2) for “Section 385 of the Taxes Act 1988” substitute “Section 83 of ITA 2007”.