Explanatory Notes
Income Tax (Trading and Other Income) Act 2005
2005 CHAPTER 5
24 March 2005
Commentary on Sections
Schedule 2
: Transitionals and savings etc.
Part 7
: Savings and investment income: gains from contracts for life insurance etc. (personal portfolio bonds)
Paragraph 121
: The non-variation condition
3650.
This paragraph is based on regulation 3 of PPB(T)R.