SCHEDULES
SCHEDULE 1Consequential amendments
Part 1Income and Corporation Taxes Act 1988
113
1
Amend section 231 (tax credits for certain recipients of qualifying distributions) as follows.
2
In subsection (1)—
a
for “sections” to “1993” substitute “
sections 231AA and 231AB of this Act
”
,
b
for the words from “where” to “charged” substitute “
for corporation tax purposes where
”
, and
c
omit “or a person resident in the United Kingdom, not being a company”.
3
Omit subsections (3) and (3AA).
4
In subsection (4) for “he” in both places where it occurs substitute “
that person
”
.