GENERAL SCHEME of the WITHDRAWAL OF THE UNITED KINGDOM FROM THE EUROPEAN UNION (CONSEQUENTIAL PROVISIONS) BILL 2020 Contents INTRODUCTION ................................................................................................................................... 7 PART 1 - Preliminary and General ..................................................................................................... 12 Head 1-1. Short title, collective citations and construction.......................................................... 12 Head 1-2. Commencement ........................................................................................................... 12 Head 1-3. Expenses ....................................................................................................................... 14 Head 1-4. Repeals ......................................................................................................................... 14 PART 2 - Arrangements in Relation to Health Services PLACEHOLDER ............................................ 15 PART 3 - Reimbursement of Medical Expenses ................................................................................ 16 Head 3-1. Definitions .................................................................................................................... 16 Head 3-2. Reimbursement of medical expenses incurred by eligible persons in respect of necessary medical treatment ....................................................................................................... 16 Head 3-3. Regulations ................................................................................................................... 16 Head 3-4. Administrative arrangements between Executive and competent institutions .......... 16 Head 3-5. Review of operation of Part 3 ...................................................................................... 17 PART 4 - Miscellaneous amendments to Companies Act 2014 ........................................................ 18 Head 4-1. Interpretation, Application and Commencement ........................................................ 18 Head 4-2. Disapplication of requirement to issue share certificates ........................................... 19 Head 4-3. Disapplication of requirement for a written instrument of transfer ........................... 19 Head 4-4. Amendment to definition of majority for schemes of arrangement ........................... 20 Head 4-5. Disapplying the requirement for 50% in number of assenting shareholders for takeover acceptance ..................................................................................................................... 21 Head 4-6. Disapplying the requirement for documentary evidence of power of attorney for takeovers ....................................................................................................................................... 22 Head 4-7. Extending the record date for participation and voting in general meeting ............... 23 Head 4-8. Power to make regulations for the uncertificated securities of relevant participating issuers necessary to enable the market migration ....................................................................... 23 PART 5 - Amendment to Section 10(2) of the Employment Permits Act 2006 ................................. 25 Head 5-1. Restriction on grant of employment permit ................................................................ 25 PART 6 - Arrangements in relation to Fluorinated Greenhouse Gases ............................................ 26 Head 6-1. Interpretation ............................................................................................................... 26 Head 6-2. Equivalent certification, equivalent training attestation relating to individuals ......... 26 PART 7 - Amendment of Student Support Act 2011 ......................................................................... 29 Head 7-1. Definition ...................................................................................................................... 29 Head 7-2. Amendment of section 2 of Act of 2011 ...................................................................... 29 2 Head 7-3. Amendment of section 7 of Act of 2011 ...................................................................... 29 Head 7-4. Amendment of section 8 of Act of 2011 ...................................................................... 30 Head 7-5. Amendment of section 14 of Act of 2011 .................................................................... 31 Head 7-6. Operation of section 14 of Act of 2011 (prescribing of certain matters) ..................... 33 PART 8 - Taxation .............................................................................................................................. 36 Chapter 1 ........................................................................................................................................... 36 Definitions ......................................................................................................................................... 36 Head 8-1. Definitions .................................................................................................................... 36 Chapter 2 ........................................................................................................................................... 36 Income Tax ........................................................................................................................................ 36 Head 8-2 – Amendment to exemptions from tax for Government and other public securities .. 36 Head 8-3. Amendment of section 128D of Act of 1997 ................................................................ 37 Head 8-4. Amendment of section 128F of Act of 1997 ................................................................ 37 Head 8-5. Amendment of section 191 of Act of 1997 .................................................................. 37 Head 8-6. Amendment of section 192B of Act of 1997 ................................................................ 38 Head 8-7 Amendment of section 192F of Act of 1997 ................................................................. 38 Head 8-8. Amendment of section 195 of Act of 1997 .................................................................. 39 Head 8-9. Amendment of section 208A of Act of 1997 ................................................................ 39 Head 8-10. Amendment of section 208B of Act of 1997 .............................................................. 39 Head 8-11. Amendment of section 244 of Act of 1997 ................................................................ 40 Head 8-12. Amendment of section 244A of Act of 1997 .............................................................. 40 Head 8-13. Amendment of section 470 of Act of 1997 ................................................................ 40 Head 8-14. Amendment of section 472B of Act of 1997 .............................................................. 41 Head 8-15. Amendment of section 472BA of Act of 1997 ............................................................ 41 Head 8-16. Amendment of section 473A of Act of 1997 .............................................................. 42 Head 8-17. Amendment of section 480A of Act of 1997 .............................................................. 42 Head 8-18. Amendment of section 489 of Act of 1997 ................................................................ 43 Head 8-19. Amendment of section 490 of Act of 1997 ................................................................ 43 Head 8-20. Amendment of section 770 of Act of 1997 ................................................................ 44 Head 8-21. Amendment of section 772 of Act of 1997 ................................................................ 44 Head 8-22. Amendment of section 772A of Act of 1997 .............................................................. 45 Head 8-23. Amendment of section 784 of Act of 1997 ................................................................ 45 Head 8-24. Amendment of section 784A of Act of 1997 .............................................................. 45 Head 8-25. Amendment of section 785(1A) of Act of 1997.......................................................... 46 Head 8-26. Amendment of section 787M of Act of 1997 ............................................................. 46 Head 8-27. Amendment of section 790B of Act of 1997 .............................................................. 47 3 Head 8-28. Amendment of section 1032 of Act of 1997 .............................................................. 48 Head 8-29. Amendment to provisions dealing with Non-Resident Persons and Trusts ............... 48 Chapter 3 ........................................................................................................................................... 49 Corporation Tax ................................................................................................................................ 49 Head 8-30. TCA Section 243(4) - Charges on income for corporation tax purposes .................... 49 Head 8-31. Group provisions – TCA Sections 410 and 411 ........................................................... 50 Head 8-32. TCA Section 438 - Loans to participators ................................................................... 51 Head 8-33. TCA Section 486C – Relief from tax for certain start-up