Annex 1: Minor Changes in the Law Change 104: Amendments of CAA: Schedule 1 Section 559 of CAA
In subsection (1A)(b) the reference to section 18 or 362 of ITTOIA was wrongly inserted by ITTOIA. This Act removes the reference.
The conditions in subsection (1A) are expressed as alternatives but they are intended to operate independently: sub-paragraph (a) in the case of income tax; and sub-paragraph (b) in the case of corporation tax. The replacement subsections (1)(b), (1A) and (1B) clarify the way the rules work.