Regulation 8 Amendments to the principal Regulations

Regulation 40A^f1 shall be amended as follows:

In paragraph (6)(a) for the word “year,” there shall be substituted—

• “year—

  1. (i)

     to firms, a partner in which is excepted from section 559 in his capacity as a partner in the firm and who, in that capacity, holds a sub-contractor’s tax certificate in the form numbered CIS5 (Partner) in Schedule 1 to these Regulations, and”.

  2. (ii)

In paragraph (8) after sub-paragraph (a) there shall be inserted the following sub-paragraph—

“(aa)

a list of all firms, a partner in which—

(i)

is excepted from section 559 in his capacity as a partner in the firm, and

(ii)

holds in that capacity a sub-contractor’s tax certificate in the form numbered CIS5 (Partner) in that Schedule,

to which the contractor made any contract payment during the year;”.