Paragraph 15

(1)

Subject to sub-paragraph (7), sections 38 to 44 apply before 6th April 2006 with the following amendments.

(2)

In section 38(4)—

(a)

for paragraphs (b) and (c) and the word “or” at the end of paragraph (c) substitute—

“(b)
contributions under a retirement benefits scheme within the meaning of Chapter 1 of Part 14 of ICTA (see section 611 of that Act),
(c)
contributions under a personal pension scheme approved under Chapter 4 of that Part (see section 630 of that Act), or”, and

(b)

omit “For the purposes of paragraph (c)” to the end.

(3)

In section 39—

(a)

in subsection (1)(b) omit “, or in respect of, present or former”, and

(b)

in subsection (2) omit “present or former”.

(4)

In section 40—

(a)

in subsection (1) for “, C or D” substitute “ or C ”, and

(b)

omit subsection (5).

(5)

In section 41(1) omit paragraph (b) and the word “and” before it.

(6)

In section 44(1) omit the definition of “employer-financed retirement benefits scheme”.

(7)

The power of the Treasury to make an order under section 281 or 283 of FA 2004 has effect as if Schedule 35 to that Act contained an amendment substituting sections 38 to 44 of this Act for those sections as amended by sub-paragraphs (2) to (6) above.