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Finance Act, 1985

FIRST SCHEDULE

Amendment of Enactments

Section 3 .

Amendments Consequential on Changes in Personal Reliefs

1. The Income Tax Act, 1967 , is hereby amended in accordance with the following provisions:

(a) in section 138—

(i) in paragraph (a), by the substitution of “£3,800” for “£3,600” (inserted by the Finance Act, 1984 ),

(ii) in paragraph (b), by the substitution of “£2,400” for “£2,300” (inserted by the Finance Act, 1984 ) and of “£3,800” for “£3,600” (inserted by the Finance Act, 1984 ), and

(iii) in paragraph (c), by the substitution of “£1,900” for “£1,800” (inserted by the Finance Act, 1984 ), and

(b) in section 141 (1A), by the substitution, in paragraphs (b) and (c), of “£600” for “£500” (inserted by the Finance Act, 1981 ) in each place where it occurs.

2. Section 3 of the Finance Act, 1969 , is hereby amended, in subsection (1), by the substitution of “£2,500” for “£2,000” (inserted by the Finance Act, 1984 ) in each place where it occurs.

3. Section 11 of the Finance Act, 1971 , is hereby amended, in subsection (2), by the substitution of “£600” for “£500” (inserted by the Finance Act, 1982 ) in each place where it occurs and of “£1,400” for “£1,200” (inserted by the Finance Act, 1982 ).