Related Commentary  

6(1)  Chapter 3A of Part 3 of ITA 2007 (transferable tax allowance) is amended as follows.

6(2)  Section 55B (tax reduction: entitlement) is amended in accordance with subsections (3) to (5).

6(3)  In subsection (2) (conditions for entitlement to tax reduction)–

(a)for paragraph (a) (individual is spouse or civil partner of maker of election in force under section 55C) substitute–

“(a)the individual is the gaining party (see section 55C(1)(a)) in the case of an election under section 55C which is in force for the tax year,”, and

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