# The Pension Protection Fund (Tax) (2005-06) Regulations 2005, Regulation 6: Application of the 1988 Act: further provisions


Section 592(3) of the 1988 Act (exemption from income tax in respect of underwriting commissions) applies in respect of underwriting commissions applied for the purposes of each of the Pensions Act Funds—
(a) as if for “income tax” there were substituted “corporation tax”, and
(b) as if for “under Chapter 8 of Part 5 of ITTOIA 2005 (income not otherwise charged)” there were substituted “under Case VI of Schedule D”.

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Source: https://www.legislation.gov.uk/uksi/2005/1907/regulation/6 (the official version)
Page: https://openlegislation.uk/pension-protection-fund-tax-2005-06-regulations-2005/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.