SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 1Income and Corporation Taxes Act 1988
289
1
Amend Schedule 27 (distributing funds) as follows.
2
In paragraph 1(1)(d)(ii)—
a
omit the words from “in accordance” to “(Schedule D)”,
b
for “Case III of Schedule D” substitute “
Part 5 of CTA 2009 (loan relationships) or Chapter 7 of Part 10 of that Act (annual payments not otherwise charged)
”
, and
c
for “Case V of Schedule D” substitute “
Chapter 2 of Part 10 of CTA 2009 (dividends of non-UK resident companies) or Chapter 8 of that Part (income not otherwise charged)
”
.
3
For the heading for paragraph 3 substitute “
Certain foreign income
”
.
4
In paragraph 3(1)(aa)—
a
in sub-paragraph (i) for “Case III of Schedule D” substitute “
Part 5 of CTA 2009 (loan relationships) or Chapter 7 of Part 10 of that Act (annual payments not otherwise charged)
”
, and
b
in sub-paragraph (ii) for “Case V of Schedule D” substitute “
Chapter 2 of Part 10 of CTA 2009 (dividends of non-UK resident companies) or Chapter 8 of that Part (income not otherwise charged)
”
.
5
In paragraph 4(3)(b) for “section 75” substitute “
section 1219 of CTA 2009
”
.
6
In paragraph 5(3)—
a
in paragraph (c) for “section 208” substitute “
section 1285 of CTA 2009
”
,
b
in paragraph (d) for “Chapter 2 of Part 4 of the Finance Act 1996” substitute “
Part 5 of CTA 2009
”
, and
c
in paragraph (e) for “Schedule 26 to the Finance Act 2002” substitute “
Part 7 of CTA 2009
”
.
7
In paragraph 5(5) for “section 154(2) of the Finance Act 1996” substitute “
section 1279 of CTA 2009
”
.