SCHEDULES

SCHEDULE 7U.K.Remittance basis: exempt property

5(1)Section 809Z (public access rule: general) is amended as follows.U.K.

(2)In subsection (1), for “A to D” substitute “ B and C ”.

(3)Omit subsection (2).

(4)After subsection (8) insert—

(8A)But if the property is lost or stolen—

(a)the relevant period ends with the time at which it is lost or stolen, and

(b)a new relevant period begins with its importation or the time at which it is recovered.

(5)Omit subsection (10).