Section 15 | Termination payments to MPs ceasing to hold office

(1)In section 291 of ITEPA 2003 (exemptions: termination payments to MPs and others ceasing to hold office), for subsection (2)(a) substitute—

(a)made under section 5(1) of the Parliamentary Standards Act 2009 in connection with a person's ceasing to be a member of the House of Commons,

.

(2)The amendment made by this section has effect in relation to grants and payments made on or after 1 April 2012.