§ Amendment made: No. 8, in page 12. line 1, leave out subsection (4) and insert—
§ '(4) In section 20(1) of that Act (registration of local authorities), for "£5,000" (in both places) there shall be substituted "£7,500".
§ (5)In Schedule 2 to that Act, at the end of paragraph 3 (deemed supply of business assets, where business proprietor de-registered, except in certain cases), there shall be added—
§ "or
§ (c)the tax on the deemed supply would be not more than£50".
§ (6)Subsection (5) above shall not come into force until 5th August 1977, and subsections (1) to (4) not until 1st October 1977.'.—[Mr. Robert Sheldon.]