SCHEDULES

SCHEDULE 16Property authorised investment funds and co-ownership authorised contractual schemes

PART 3Consequential amendments

8

In section 86 (payment of tax), in subsection (2)—

a

omit “or” at the end of paragraph (b), and

b

after paragraph (b) insert—

ba

Part 1 of Schedule 7A (PAIF seeding relief),

bb

Part 2 of Schedule 7A (COACS seeding relief), or