Finance Act, 1970
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Amendment of section 141 of Income Tax Act, 1967. |
10.— Section 141 of the Income Tax Act, 1967 , is hereby amended by the substitution of the following proviso for the proviso to subsection (1A) (a) (inserted by the Finance Act, 1969 ): | |
“Provided that where the claimant is or would on due application be entitled throughout the year of assessment to a children's allowance in respect of more than one child, the deduction to be given under subsections (1) and (2) shall— | ||
(i) in the case of one such child be reduced by £15, and | ||
(ii) in the case of any such children in excess of two, be reduced by £19 each for the year 1970-71 and by £23 each for any subsequent year.”. |