SCHEDULES

SCHEDULE 1Abolition of dividend tax credits etc

Other amendments

57

1

F(No.2)A 1997 is amended as follows.

2

Omit section 22(1) (which inserted section 171(2B) of FA 1993).

3

Omit section 28 (which inserted section 231B of ICTA).

4

Omit section 30(9) and (10) (effect of double taxation arrangements in relation to tax credits).

5

In Schedule 6 (repeal of provisions relating to foreign income dividends), in paragraph 23 (transitional provision for certain foreign income dividends paid before 6 April 1999 but received on or after that date) omit—

a

“qualifying”, and

b

“nine tenths of”.