These notes refer to the Income Tax Act 2007 (c.3) which received Royal Assent on 20 March 2007. These notes are published in three volumes. INCOME TAX ACT 2007 —————————— EXPLANATORY NOTES ņ VOLUME 3 (SCHEDULES AND ANNEXES) TABLE OF CONTENTS Schedule 1: Minor and consequential amendments.............................................................12 Part 1: Income and Corporation Taxes Act 1988.................................................................12 Section 9...............................................................................................................................12 Section 118...........................................................................................................................12 Section 256...........................................................................................................................12 Section 256A........................................................................................................................12 Section 256B........................................................................................................................12 Sections 257BA, 257BB, 257C and 265..............................................................................12 Section 266...........................................................................................................................12 Section 278...........................................................................................................................13 Section 312(2A)...................................................................................................................13 Section 349(3A) and (4).......................................................................................................13 Section 353...........................................................................................................................13 Section 368...........................................................................................................................13 Sections 459 to 461B ...........................................................................................................13 Section 467...........................................................................................................................14 Section 469...........................................................................................................................14 Section 477A........................................................................................................................14 Section 481(5A)...................................................................................................................14 Section 515...........................................................................................................................14 Section 519A........................................................................................................................14 Section 556...........................................................................................................................14 Section 571...........................................................................................................................15 Section 573...........................................................................................................................15 Section 575...........................................................................................................................15 Section 576...........................................................................................................................15 Section 576A........................................................................................................................16 Section 576B........................................................................................................................16 Section 576C........................................................................................................................16 Section 576D........................................................................................................................16 Section 576E to 576I............................................................................................................16 Section 576J.........................................................................................................................16 Section 576K........................................................................................................................17 Section 576L........................................................................................................................17 Sections 587B, 587BA and 587C ........................................................................................17 Sections 710 to 727A...........................................................................................................17 Section 728...........................................................................................................................17 Section 737E ........................................................................................................................17 1 These notes refer to the Income Tax Act 2007 (c.3) which received Royal Assent on 20 March 2007. These notes are published in three volumes. Section 742...........................................................................................................................17 Section 746...........................................................................................................................17 Section 780...........................................................................................................................18 Section 781...........................................................................................................................18 Section 789...........................................................................................................................18 Section 798C........................................................................................................................18 Section 804...........................................................................................................................18 Section 807...........................................................................................................................18 Section 823...........................................................................................................................18 Section 832...........................................................................................................................18 Sections 835 and 836 ...........................................................................................................18 Section 840A........................................................................................................................19 Schedule 16..........................................................................................................................19 Part 2: Other enactments......................................................................................................20 Taxes Management Act 1970 ..............................................................................................20 Section 17.............................................................................................................................20 Section 37A..........................................................................................................................20 Section 55(1)(c) ...................................................................................................................20 Section 87.............................................................................................................................20 Section 98.............................................................................................................................20 Section 99B..........................................................................................................................20 Finance Act 1988 .................................................................................................................21 Section 130...........................................................................................................................21 Finance Act 1989 .................................................................................................................21 Section 151...........................................................................................................................21 Finance Act 1991 .................................................................................................................21 Section 53.............................................................................................................................21 Taxation of Chargeable Gains Act 1992..............................................................................22 Sections 4 and 6 ...................................................................................................................22 Section 11.............................................................................................................................22 Section 105A........................................................................................................................22