As respects the year of assessment 1997-98 and subsequent years of assessment, the Finance Act, 1980, is hereby amended -
(a) in section 1, by the substitution, in subsection (2) (inserted by the Finance Act, 1989), of "£8,000" and "£4,000", respectively, for "£7,800" and "£3,900" (inserted by the Finance Act, 1996), and
(b) in section 2, by the substitution, in subsection (6) (inserted by the Finance Act, 1989) -
(i) of "£9,200" and "£10,400", respectively, for "£9,000" and "£10,200" (inserted by the Finance Act, 1996), in paragraph (a), and
(ii) of "£4,600" and "£5,200", respectively, for "£4,500" and "£5,100" (inserted by the Finance Act, 1996), in paragraph (b),
and the said subsection (2) of the said section 1 and the said subsection (6) of the said section 2, as so amended, are set out in the Table to this section.
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(2) In this section "the specified amount" means, subject to subsection (3) - (a) in a case where t |