9(1)Section 87 (interest on unpaid tax) is amended as follows.U.K.
(2)In subsection (3)—
(a)in paragraph (a)—
(i)omit “or” at the end of sub-paragraph (ii), and
(ii)after sub-paragraph (ii) insert—
“(iia)paragraph 5, 7 or 8 of Schedule 7A (PAIF seeding relief),
(iib)paragraph 13, 17 or 18 of Schedule 7A (COACS seeding relief), or”;
(b)after paragraph (aza) insert—
“(azb)in the case of an amount payable under paragraph 6(3) of Schedule 7A (PAIF seeding relief: portfolio test), the first time mentioned in paragraph 6(3)(a) or (b) at which the portfolio test was not met;
(azc)in the case of an amount payable under paragraph 14(1) of Schedule 7A (COACS seeding relief: genuine diversity of ownership condition) because the genuine diversity of ownership condition was not met at a time mentioned in paragraph 14(1)(b) or (c), the first time mentioned in paragraph 14(1)(b) or (c) at which that condition was not met;
(azd)in the case of an amount payable under paragraph 16(3) of Schedule 7A (COACS seeding relief: portfolio test), the first time mentioned in paragraph 16(3)(a) or (b) at which the portfolio test was not met;”.
(3)In subsection (4), for “means—” to the end substitute “ has the same meaning as in section 81(4). ”