Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Schedule 1: Minor and consequential amendments

Part 2: Other enactments

Income Tax Act 2007

Section 364: Value received by investor during 6 year period: securities or shares

3431.This minor textual amendment removes words from section 364(1)(d) of ITA which are unnecessary and have, accordingly, not been included in the corresponding section 247(1)(d) of this Act.