SCHEDULES
SCHEDULE 6 Taxation of distributions: supplemental provisions
The Taxes Act 1988
6
In each of sections 549(2), 689(2) and 699(2) of that Act (definitions of excess liability), for “were chargeable at the basic rate” there shall be substituted “
by virtue of section 1(2)(aa) were chargeable at the basic rate, or (so far as applicable in accordance with section 207A) the lower rate,
”
.