Paragraph 13 I1

(1)

Section 227B (the alternative chargeable amount) is amended as follows.

(2)

In subsection (2), for “AA” (in both places it occurs) substitute “ X ”.

(3)

In subsection (5), in paragraph (b)(i), after “A” insert “ , AA ”.

(4)

In subsection (5), in paragraph (b)(ii)—

(a)

after “greater” insert “ or greatest ”;

(b)

after “A” insert “ , AA ”;

(c)

for “both” substitute “ at least two of those amounts ”.

(5)

In subsection (5), in the closing words—

(a)

after “A” (in both places it occurs) insert “ , AA ”;

(b)

after “greater” insert “ or greatest ”.

Annotations

I1: Sch. 5 para. 13 in force at 1.8.2022 for the purposes of the amendments made by that paragraph by S.I. 2022/874, reg. 2