Taxation of Chargeable Gains Act 1992 section Sch 10 para 20

Electricity Act 1989 c. 29

Schedule 10 paragraph 20 updates cross-references in Schedule 11 to the Electricity Act 1989, replacing outdated references to the Income and Corporation Taxes Act 1970 and the Capital Gains Tax Act 1979 with the corresponding provisions of the Taxation of Chargeable Gains Act 1992.

• References in the Electricity Act 1989 to sections 278 and 272 of the Income and Corporation Taxes Act 1970 are replaced with references to sections 178, 179 and 170 of the 1992 Act respectively.
• A new definition paragraph is inserted into the Electricity Act's Schedule 11, confirming that "the 1992 Act" means the Taxation of Chargeable Gains Act 1992.
• The reference to section 117 of the Capital Gains Tax Act 1979 is replaced with a reference to section 154 of the 1992 Act.
• All remaining references in paragraphs 4 and 5 of the Electricity Act's Schedule 11 to the Capital Gains Tax Act 1979 are updated to refer to the 1992 Act.