SCHEDULES

SCHEDULE 15Consequential Amendments

Betterment levy

1

In section 51 of the [1967 c. 1.] Land Commission Act 1967 (interest on betterment levy), after subsection (2) insert—

2A

Interest payable to the Commission by virtue of this section at the rate determined by the [S.I. 1969/536.] Betterment Levy (Rate of Interest) (No. 2) Order 1969, or by any subsequent order under subsection (2) above, shall be paid without deduction of income tax.