Section 130 | Procedure for giving notices.

(1)Section 42 of, and Schedule 1A to, the Taxes Management Act 1970, as they have effect—

(a)for the purposes of income tax and capital gains tax, as respects the year 1996-97 and subsequent years of assessment, and

(b)for the purposes of corporation tax, as respects accounting periods ending on or after the day appointed under section 199 of the Finance Act 1994 for the purposes of Chapter III of Part IV of that Act (self-assessment management provisions),

shall be amended in accordance with the following provisions of this section.

(2)In subsection (7) of section 42 (which contains a list of provisions, claims under which must be made in accordance with subsection (6)) the following words shall cease to have effect, that is to say—

(a)in paragraph (a), “62A,” and “401,”; and

(b)in paragraph (c), “30,”, “33,”, “48, 49,” and “124A,”.

(3)In subsection (10) of that section (section 42 to apply in relation to elections and notices as it applies in relation to claims) the words “and notices” shall cease to have effect.

(4)In subsection (11) of that section (Schedule 1A to apply as respects any claim, election or notice made otherwise than in a return under section 8 etc) for the words “, election or notice” there shall be substituted “ or election ”.

(5)In paragraph 1 of Schedule 1A (claims etc. not included in returns), in the definition of “claim”, for the words “means a claim, election or notice” there shall be substituted “ means a claim or election ”.