Part 9 Sale and Lease-Back etc
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

Part 9 Sale and Lease-Back etc

Income and Corporation Taxes Act 1988 (c 1)

240

ICTA is amended as follows.

241

Omit section 24 (which has come to apply only for the interpretation of section 780 of ICTA).

242

Omit sections 779 to 785 (sale and lease-back etc).

Taxation of Chargeable Gains Act 1992 (c 12)

243

TCGA 1992 is amended as follows.

244

In Schedule 8 (leases) in paragraph 9(2) (gain reduced by amount on which income tax charged by reference to a capital sum) for “section 785 of the Taxes Act†substitute “section 681DM of ITA 2007â€.

Broadcasting Act 1996 (c 55)

245

The Broadcasting Act 1996 is amended as follows.

246

(1)     Amend Schedule 7 (transfer schemes: taxation provisions) as follows.

(2)     In paragraph 22(1) after “reliefs)†insert “, and sections 681AD and 681AE of the Income Tax Act 2007 (which make corresponding provision),â€.

(3)     In paragraph 22(2)—

(a)     before “and†insert “or section 681AA or 681AB of the Income Tax Act 2007â€, and

(b)     after the second occurrence of “2010†(which is inserted by CTA 2010) insert “or section 681AM of the Income Tax Act 2007â€.

(4)

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