# Finance Act 2008, Paragraph 62


(1) Section 680A (income treated as savings income or dividend income) is amended as follows.
(2) In subsection (1)—
(a) for “Subsections (2) and (3) apply” substitute “ Subsection (3) applies ”, and
(b) omit “the savings rate or”.
(3) Omit subsection (2).
(4) In subsection (3), for the words from the beginning to “it” substitute “ The income ”.
(5) In subsection (4)—
(a) for “Subsections (5) and (6) apply” substitute “ Subsection (6) applies ”, and
(b) omit “the savings rate or”.
(6) Omit subsection (5).
(7) In subsection (6), for the words from the beginning to “it” substitute “ The income ”.
(8) Accordingly, in the heading omit “savings income or”.

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Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/1/paragraph/62 (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-1/paragraph-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.