This section has no associated Explanatory Notes
45(1)This paragraph relates to the operation of section 425 (cases where Chapter 2 of Part 7 does not apply) [F1, as originally enacted.] U.K.
(2)Section 425(1) applies in relation to any acquisition made before 6th April 2003 with the substitution of “if the person was not chargeable under Case I of Schedule E in respect of the office or employment in question” for the words from “if the earnings” onwards.
Textual Amendments
F1Words in Sch. 7 para. 45(1) inserted (1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(7)(26)(c); S.I. 2003/1997, art. 2