Finance Act, 1959

Consequential amendments.

68.—(1) Finance Act, 1958 , is hereby amended as follows:

(i) in subsection (8) of section 40 “or” shall be deleted at the end of paragraph (b) and there shall be added after paragraph (c):

“or

(d) income treated as earned income by virtue of section 53 of the Finance Act, 1959,”;

(ii) in subsection (3) of section 41 , “or” before “ Part V of Finance Act, 1957 ” shall be deleted and “or Part V of the Finance Act, 1959,” shall be inserted before “and references to income”;

(iii) in clause (b) of subparagraph (3) of paragraph 5 of the Third Schedule, “or” before “ Part V of Finance Act, 1957 ” shall be deleted and “or Part V of the Finance Act, 1959,” shall be inserted before “for any year of assessment”.

(2) Subsection (2) of section 8 of Finance (Miscellaneous Provisions) Act, 1958 , is hereby amended by the addition at the end of the subsection of “or any annual allowances under Chapter or Chapter III, or Chapter IV of Part V of the Finance Act, 1959”.