Finance (No. 2) Act, 1959
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PART III. General Amendments. | ||
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Personal allowance. |
15.—(1) Subsection (1) of section 18 of the Finance Act, 1920 , is hereby amended by the substitution of “a deduction of three hundred and ninety-four pounds” for “a deduction of three hundred and ten pounds” and the substitution of “a deduction of two hundred and thirty-four pounds” for “a deduc tion of one hundred and fifty pounds”. | |
(2) Where, but for this subsection, the claimant would be entitled to a deduction of two hundred and thirty-four pounds under subsection (1) of section 18 of the Finance Act, 1920 , then, if the claimant proves that in the year of assessment he or she is a widower or a widow, the claimant shall be entitled to a deduction of two hundred and fiftynine pounds in lieu of the said deduction of two hundred and thirty-four pounds. | ||
(3) Subsection (2) of, section 18 of the Finance Act, 1920 , is hereby amended by the substitution of “three-fourths” for “nine-tenths”. |