1.Section 68 provides for a number of minor corrections that are required to section 280(2) of the Finance Act (FA) 2004.
2.Subsections (2) – (4) add two definitions to the list in section 280(2) of FA 2004 and correct a cross reference.
3.Subsections (5) and (6) provide for when the amendments shall have effect from.
4.Section 280(2) of FA 2004 sets out a number of definitions used in Part 4 of that Act by reference to other provisions in the Taxes Acts. The section corrects some minor earlier drafting errors concerning cross references to the different rates of tax.