§ Resolved,
§
That—
(1) In section 265(1) of the Income and Corporation Taxes Act 1988 for "£1,080" there shall be substituted "£1,200".
(2) This Resolution shall apply for the year 1994–95
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.