Section 5

INTRODUCTION

1  Chapter 1 of Part 7 of ICTA (income tax: personal reliefs) is amended as follows.

ABOLITION OF RELIEFS

2  Omit–

(a)[omits ICTA 1988, s. 256,]

(b)[omits ICTA 1988, s. 256A,]

(c)[omits ICTA 1988, s. 256B,]

(d)[omits ICTA 1988, s. 257,]

(f)[omits ICTA 1988, s. 257C,]

(g)[omits ICTA 1988, s. 265,]

(h)[omits ICTA 1988, s. 273,]

(i)[omits ICTA 1988, s. 278.]

CONSEQUENTIAL AMENDMENTS

3(1)  Section 266 (life assurance premiums) is amended as follows.

3(2)  [Amends ICTA 1988, s. 266(1).]

3(3)  [Inserts ICTA 1988, s. 266(1A)]

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