Regulation 20 Amendment of regulation 69 of the principal Regulations

In regulation 69 of the principal Regulations (meaning of “remuneration” in relation to practitioners)—

(a)

in proviso (a) to paragraph (2) for “such practitioner” there shall be substituted “such practitioners”;

(b)

in proviso (b) to paragraph (2), there shall be inserted, at the beginning, the words “subject to paragraph (8)”;

(c)

in proviso (b)(ii) to paragraph (2), the words “(as defined in paragraph (8))” shall be omitted;

(d)

in paragraph (8)(a) after head (ii) there shall be inserted “so however that references to “aggregate superannuable remuneration” and to “total remuneration” in proviso (b) to paragraph (2) shall not include any remuneration which is stated in any notice given under that proviso to be remuneration received by one partner which is not to form part of the partnership profits”.