Paragraph 4

(1)

Section 274 (limits on relief under sections 266 and 273) is amended as follows.

(2)

In subsection (1), omit “or other sums”.

(3)

In subsection (2)—

(a)

for “sections 266 and 273” substitute “ section 266 ”, and

(b)

omit “or sums”, and

(c)

for “the appropriate rate” substitute “ 12.5% ”.

(4)

Omit subsection (3).

(5)

In subsection (4), omit “or other sum” (in both places).

(6)

In the heading, for “sections 266 and 273” substitute “ section 266 ”.