Paragraph 388

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In section 419(2) (taxation: certain bodies treated as a local authority)—

(a)

in paragraph (a) for “income and corporation taxes” substitute “corporation tax”, and omit “and” at the end, and

(b)

after that paragraph insert—

“(aa)
section 838 of the Income Tax Act 2007 (exemption of local authorities from income tax); and”.