Paragraph 53
(1)
The following provisions are repealed—
(a)
section 750 of ITTOIA 2005 (interest from tax reserve certificates);
(b)
section 1283 of CTA 2009 (interest from tax reserve certificates).
(2)
In consequence of the provision made by sub-paragraph (1), in section 369 of ITTOIA 2005 (charge to tax on interest), in subsection (3)(e), omit “tax reserve certificates,”.
(3)
The repeals made by sub-paragraphs (1)(a) and (2) have effect in relation to tax reserve certificates redeemed on or after 6 April 2013.
(4)
The repeal made by sub-paragraph (1)(b) has effect in relation to tax reserve certificates redeemed on or after 1 April 2013.