The Income Tax (Indexation) (No. 2) Order 1998
Section 257C(3) of the Income and Corporation Taxes Act 1988 (“the Act”) operates to provide that the Treasury shall by order made by statutory instrument before 6th April 1999 specify the amount which by virtue of that section shall, unless Parliament otherwise determines, be treated as specified for the purpose of section 257(1) of the Act (personal allowance for persons under 65) for the year of assessment 1999–00. This Order specifies that amount as £4,335.