SCHEDULES
SCHEDULE 1 Consequential amendments
The Income and Corporation Taxes Act 1988 (c.1)
35
1
The Income and Corporation Taxes Act 1988 is amended as follows.
2
In section 579—
a
in subsections (3)(a) and (5)(a) and in subsection (4)(a) as it has effect for the purposes of corporation tax, for the words from “by which” to “rebate” substitute “
of the redundancy payment or the corresponding amount of the other employer’s payment
”
, and
b
in subsection (6), for “section 106 of the Employment Protection (Consolidation) Act 1978” substitute “
section 166 of the Employment Rights Act 1996
”
.
3
In section 580(1)—
a
in paragraph (a), for “, “employer’s payment” and “rebate” have the same meaning as in the Employment Protection (Consolidation) Act 1978 (“the 1978 Act”)” substitute “
and “employer’s payment” have the same meaning as in Part XI of the Employment Rights Act 1996
”
,
b
in paragraph (b), for the words “of the relevant redundancy payment” onwards substitute “
which would have been payable as a redundancy payment had one been payable;
”
, and
c
in paragraph (c), for “the 1978 Act” substitute “
the Employment Rights Act 1996
”
.
4
In—
a
paragraph 19(a) of Part III of Schedule 9, and
b
paragraph 2 of Schedule 10,
for “the Employment Protection (Consolidation) Act 1978” substitute “
the Employment Rights Act 1996
”
.