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Amendmends made: No. 26, in page 24, line 20, leave out from section ' to as ' in line 21 and insert:
177(1) of the Income and Corporation Taxes Act 1970 '.
§ No. 27, line 28, leave out ' 58(2) ' and insert 177(2) '.
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No. 28, in line 30, leave out from beginning to which ' in line 31 and insert:
section 352(4) and (5) of that Act '.
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No. 29, in line 35, at end insert:
and
(c) for the purposes of paragraph 6 of Schedule 14 to that Act (transitional provisions as to allowance of annual value of land as business expense) any occupation of land for the purposes of the trade by the superseded authority shall be treated as having been the occupation of the National Ports Authority;
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No. 30, in page 25, line 2, leave out from section ' to first for ' in line 3 and insert:
'265(1) of the Income and Corporation Taxes Act 1970'.
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No. 31, in line 22, at end insert:
Provided that if, in the case of any superseded authority which is so dissolved, a financial year of that authority ends with the day before the vesting date, the foregoing provisions of this subsection, so far as applicable, shall, with the necessary modifications, apply with respect to that financial year as they would have applied with respect to the final financial period of that superseded authority if the vesting date had fallen before the end of that financial year.—[Mr. Mulley]