SCHEDULES
SCHEDULE 4Consequential amendments
Part 2Amendments of other Acts
Income Tax (Trading and Other Income) Act 2005 (c. 5)
94
1
Section 379 (industrial and provident society payments) is amended as follows.
2
For the heading substitute “
Payments by registered societies or certain co-operatives
”
.
3
In subsection (1)(a) for “registered industrial and provident society” substitute “
registered society
”
.
4
In subsection (2) for the definition of “registered industrial and provident society” (not including the “and” at the end of it) substitute—
“registered society” means—
a
a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F1...
b
a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969,
F2c
a society registered as a credit union under the Credit Unions (Northern Ireland) Order 1985 ( S.I. 1985/1205 (N.I. 12)), or
d
an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society,