FIRST SCHEDULE

Amendment of Enactments

Section 2 .

Amendments Consequential on Changes in Personal Reliefs

1. The Income Tax Act, 1967 , is hereby amended in accordance with the following provisions:

(a) in section 138—

(i) in paragraph (a), by the substitution of “£2,900” for “£2,230” where it first occurs and by the deletion of the proviso thereto,

(ii) in paragraph (b), by the substitution of “£1,950” for “£1,185” and of “£2,900” for “£2,230”, and

(iii) in paragraph (c), by the substitution of “£1,450” for “£1,115”,

(b) in section 138A—

(i) by the substitution for “he shall be entitled to a deduction of £650” of “he shall be entitled, if he is an individual to whom paragraph (b) (i) of section 138 applies, to a deduction of £950 or, if he is an individual to whom paragraph (c) of section 138 applies, to a deduction of £1,450”, and

(ii) by the substitution for “her husband” of “her husband, or in the case of a man and woman who are living together as man and wife”,

(c) sections 139 and 140 shall not apply or have effect,

(d) in section 141, in subsection (1A), by the substitution of “£100” for “£195”,

(e) in section 142, in subsection (1), by the substitution of “£110” for “£95” in each place where it occurs.

2. Section 3 of the Finance Act, 1969 , is hereby amended, in subsection (1), by the substitution of “£700” for “£500”.

3. Section 11 of the Finance Act, 1971 , is hereby amended, in subsection (2), by the substitution of “£500” for “£400” in each place where it occurs and of “£1,200” for “£1,000”.

4. Section 8 of the Finance Act, 1974 , is hereby amended, in subsection (1), by the substitution of “£200” for “£180” and of “£100” for “£80”.