Paragraph 515
(1)
Amend section 529 (giving effect to allowances and charges) as follows.
(2)
In subsection (1) omit “, or a Schedule A business,”.
(3)
In subsection (1A)—
(a)
omit the words from “is within” to “and he”, and
(b)
for “treating him as if he had been carrying on” substitute “ treating the person as having carried on ”.
(4)
Omit subsection (2).