Amendment of the 1992 Regulations2

In relation to financial years beginning on or after 1st April 2000, Schedules 1, 2 and 4 to the 1992 Regulations are amended as follows:—

a

in paragraph 4(1) of Schedule 1, for the formula “(A × £39.50) + (B × 0.00087)” there is substituted the formula “(A × £39.90) + (B × 0.00078)”;

b

in paragraph 2(12) of Schedule 2 for “0.999” there is substituted “1.005”;

c

for Schedule 4 to the 1992 Regulations there is substituted the Schedule set out in the Schedule to these Regulations.