SCHEDULES
SCHEDULE 13Settlements: amendments to ICTA and ITTOIA 2005 etc
Part 2Minor and consequential amendments
I128
1
FA 1989 shall be amended as follows.
2
The following provisions shall cease to have effect—
a
section 68(2)(c),
b
section 71(4)(c), and
c
section 110.
3
In section 68(2)—
a
after paragraph (ba) insert “
, and
”
, and
b
after paragraph (bb) omit “, and”.
4
In section 71(4)—
a
after paragraph (ba) insert “
, and
”
, and
b
after paragraph (bb) omit “, and”.
5
Sub-paragraph (2)(a) and (b) shall have effect in relation to payments made on or after 6th April 2006.
6
Sub-paragraph (2)(c) shall have effect from 6th April 2007 (in relation to settlements whenever created).
7
Sub-paragraphs (3) and (4) shall come into force on 6th April 2006.