# Finance Act 2016, Paragraph 18


In section 416 (released debts: amount on which tax charged)—
(a) in subsection (1) (tax charged on gross amount) omit “gross”, and
(b) omit subsection (2) (meaning of “gross amount”).

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/1/paragraph/18 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-1/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.