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Paragraph 50 Income and Corporation Taxes Act 1988 (c.1)

Scotland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Income and Corporation Taxes Act 1988 shall be amended in accordance with this paragraph.

(2)

In section 15(1) (in which is set out Schedule A), in Schedule A, in paragraph 1(4)(b), the words “, ground annuals and feu duties” shall cease to have effect.

(3)

In section 119 (rent etc. payable in connection with mines, quarries and similar concerns), in subsection (3), in the definition of “rent”, the word “, feuduty” shall cease to have effect.

(4)

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

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Annotations

Textual amendments

F1

Sch. 12 para. 50(4)(5) repealed (1.4.2010 with effect as mentioned in s. 1184(1)(a)(b) of the repealing Act) by Corporation Tax Act 2010 (c. 4), ss. 1181(1), 1184(1), Sch. 3 Pt. 1 (with Sch. 2)