SCHEDULES

SCHEDULE 35Pension schemes etc: minor and consequential amendments

Finance Act 1999 (c. 16)

I146

1

Paragraph 6A of Schedule 19 to the Finance Act 1999 (stamp duty reserve tax on dealings with units in unit trusts) is amended as follows.

2

In sub-paragraph (4), for the definition of “individual pension account” substitute—

“individual pension account” has the meaning given by regulations made by the Commissioners of Inland Revenue;

3

After that sub-paragraph insert—

5

Regulations under sub-paragraph (4) shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of the House of Commons.