NIM04004 - Class 1: Avoidance - Legislation - Part IV Schedule 2 SSCR 2001 from 1 December 1993
SSC Amendment (No7) Regulations 1993
Regulations were introduced adding to the list of assets in Schedule 1A. The NIC legislation broadly mirrored PAYE avoidance legislation SE11802 however the effective dates are different for NICs.
Part IV added :
- any commodity or other property which was not already within Schedule 1A (ie gold bullion) which was capable of being traded on a recognised investment exchange or the London Bullion Market see SE11821 ;and
- vouchers which were capable of being exchanged for an asset falling within Schedule 1A