Finance Leasing Manual - FLM21.16

New Schedule A: legislation

The new version of Schedule A was inserted in ICTA88/S15 by FA95/S39(1) `except for the purpose of being applied by section 9 of that Act for the purposes of Corporation Tax`. FA95/S39 (2) substitutes a new version of ICTA88/S21 which contains important rules about the persons chargeable and the computation of the profits. Most of the other new or amended legislation for Schedule A was originally in FA95/SCH6. A rewritten version of ICTA88/S15 was incorporated when the CT Schedule A rules were changed as from 1 April 1998 (see PIM1003). This was inserted by FA98/S38 and FA98/SCH5.