Finance Act, 1972

Amendment of section 485 of Income Tax Act, 1967.

7.— Section 485 (5) of the Income Tax Act, 1967 , is hereby amended—

(a) by the substitution in paragraphs (a) and (b) of “£2,000” for “£600”, and

(b) by the substitution in paragraphs (b) and (c) of “£250” for “£50”.