SCHEDULES

SCHEDULE 8Minor and consequential amendments

Part 9Sale and lease-back etc

Income Tax (Trading and Other Income) Act 2005 (c. 5)

254

1

Amend section 49 (car or motor cycle hire: supplementary) as follows.

2

In subsection (2)(a) omit “(see subsection (3))”.

3

For subsections (3) to (5) substitute—

3

For this purpose “hire-purchase agreement” has the meaning given by section 998A of ITA 2007.