Paragraph 10

In the following provisions of ICTA, for “or 751AA” substitute “ , 751AA, 751AB or 751AC ”

(a)

section 747(3A) and (5A) (imputation of chargeable profits and creditable tax of controlled foreign companies),

(b)

section 749(10) (residence),

(c)

section 749A(9) (elections and designations under section 749: supplementary provisions), and

(d)

section 750(3)(ab) (territories with a lower level of taxation).