# The Enactment of Extra-Statutory Concessions (No. 2) Order 2009, Article 4: Discretionary payments by trustees: other provisions


(1) In section 824(3) of the Income and Corporation Taxes Act 1988 (repayment supplements: individuals and others)—
(a) after paragraph (ab) insert—
“(ac) if the repayment is a repayment as a result of a claim under section 496B of ITA 2007 (relief for payments by discretionary trust taxable as employment income), the relevant time is the 31 January next following the end of the tax year to which the claim relates;”, and
(b) in paragraph (a)(ii), insert at the end “(other than a repayment within paragraph (ac))”.
(2) In Part 2 of Schedule 54 to the Finance Act 2009 (repayment interest: special provision as to repayment interest start date), after paragraph 9 insert—
“Tax on payments out of discretionary trust taxable as employment income
9A. In the case of a repayment made in consequence of a claim under section 496B of ITA 2007 (relief for payments by discretionary trust taxable as employment income) the repayment interest start date is 31 January next following the end of the tax year to which the claim relates.”.
(3) The amendments made by this article have effect for the tax year 2010-11 and subsequent tax years.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111487518/article/4 (the official version)
Page: https://openlegislation.uk/draft-enactment-of-extra-statutory-concessions-no-2-order-2009/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.