SCHEDULES

SCHEDULE 1Consequential amendments

Part 1Income and Corporation Taxes Act 1988

270

1

Amend section 658 (supplementary provisions about purchased life annuities) as follows.

2

In subsection (5)—

a

for “If any person” substitute “Any person who”, and

b

omit “for himself or for any other person” and “, he”.

3

After subsection (5) insert—

6

It does not matter for whom that relief or repayment is to be obtained.