I move amendment No. 21 :
In page 73, in subsection (6), lines 21 and 22, to delete " applies in respect of the distribution or ".
This is a section which contains the status quo under which a reduced rate of corporation tax arises from certain income and it also maintains the status quo for building societies and other organisations like the Agricultural Credit Corporation and so on. It incorporates the exemptions which at present exist for these organisations under the corporation profits tax code. The amendments which I am proposing and which I should like to take together—amendments Nos. 21, 22 and 23—are minor drafting amendments. In the first amendment the words to be deleted are unnecessary. The purpose of the second amendment is to place beyond doubt the form which an assessment under Case IV of Schedule D must take when it is required under this section. The third amendment is designed to ensure that an amount included in such an assessment of Case IV of Schedule D shall not be treated as income for any other purpose.