PART 6Consequential amendments

Consequential amendments6

1

In section 85(3) of TCMA (meaning of “carrying on a business”), for “Part 1 of Schedule 6 to the Finance Act 2010 (c. 13)” substitute “paragraph 2A of Schedule 18 to LTTA”.

2

In section 36 of LTTA (co-ownership authorised contractual schemes)—

a

omit subsection (6);

b

in subsection (12), in the definition of “operator”—

i

omit the “, and” after paragraph (a);

ii

omit paragraph (b) (and the remaining text ceases to be paragraph (a)).

3

The amendments made by this regulation have effect in relation to land transactions with an effective date on or after exit day.