6.—(1) In section 432A(7)(c)(i) of the Income and Corporation Taxes Act 1988 (apportionment of income and gains)(1), omit “441B and”.
(2) The following provisions are repealed—
(a)section 441B of that Act (treatment of UK land)(2);
(b)paragraph 32 of Schedule 8 to the Finance Act 1995 (life assurance business – general amendments); and
(c)paragraph 41 of Schedule 5 to the Finance Act 1998 (rent and other receipts from land – minor and consequential amendments).
Section 432A was inserted by paragraph 4 of Schedule 6 to the Finance Act 1990 (c. 29) and subsection (7) of that section was amended by article 5(4) of S.I. 2005/3465 and paragraph 13 of Schedule 7 to the Finance Act 2007.
Section 441B was inserted by paragraph 32 of Schedule 8 to the Finance Act 1995 and amended by paragraph 41 of Schedule 5 to the Finance Act 1998 (c. 36).