SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Finance Act 2006 (c. 25)
610
The Finance Act 2006 is amended as follows.
611
In section 34 (meaning of certain expressions for the purposes of Chapter 3 of Part 3) for subsection (4) substitute—
4
For the purposes of subsection (3) whether a person is connected with another person is determined in accordance with section 839 of ICTA (connected persons).
612
In section 65(3)
(London Organising Committee) for “Section 349(1) of ICTA (annual payments: deductions of tax)” substitute “
The duties to deduct under Chapters 6, 7, 10 and 14 of Part 15 of ITA 2007 (deduction of income tax at source)
”
.
613
In section 67 (International Olympic Committee)—
a
in subsection (1)(c), for “section 349(1) and (2) of ICTA (annual payments: deductions of tax)” substitute “
the duties to deduct under Chapters 3, 6, 7, 10 and 14 of Part 15 of ITA 2007 (deduction of income tax at source)
”
, and
b
in subsection (2)(c), for “section 349(1) and (2) of ICTA” substitute “
the duties to deduct under Chapters 3, 6, 7, 10 and 14 of Part 15 of ITA 2007 (deduction of income tax at source)
”
.
614
In section 68(1)(d)
(competitors and staff) for “section 349(1) of ICTA (annual payments: deductions of tax)” substitute “
the duties to deduct under Chapters 6, 7, 10 and 14 of Part 15 of ITA 2007 (deduction of income tax at source)
”
.
615
Omit section 75 (tax avoidance: interest relief and film partnerships).
F2616
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F2617
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F2618
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F2619
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F2620
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621
1
Amend section 139 (manufactured dividends) as follows.
F32
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3
In subsection (2)—
F1a
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F1b
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c
in the new paragraph 2(2B) of that Schedule omit paragraph (d),
d
omit the new sub-paragraphs (2C) to (2E) of paragraph 2 of that Schedule.
4
Omit subsections (3) and (4).
622
In section 179 (interpretation) after the definition of “IHTA 1984” insert—
“ITA 2007” means the Income Tax Act 2007;
623
In Schedule 5 (film tax relief: further provisions) in paragraph 9(4)(b) for “555 of ICTA (foreign entertainers)” substitute “
966 of ITA 2007 (visiting performers)
”
.
624
In paragraph 27(1) of Schedule 8 (long funding leases of plant and machinery) for “section 840 of ICTA” in both places where it occurs substitute “
section 574 of CAA 2001
”
.
625
In Schedule 13 (settlements) omit paragraph 37.
F4626
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