Finance Act 1977

SCHEDULE 2 (1) (1) Any transfer of the whole property in goods is a supply of goods ; but the transfer— (a) of any undivided share of the property, or (b) of the possession of goods, is a supply of services, subject however to sub-paragraph (2) below. (2) If the possession of goods is transferred— (a) under an agreement for the sale of the goods, or (b) under agreements which expressly contemplate that the property also will pass at some time in the future (determined by, or ascertainable from, the agreements but in any case not later than when the goods are fully paid for), it is then in either case a supply of the goods. (2) Where a person produces goods by applying to another person's goods a treatment or process, he is treated as supplying goods. (3) The supply of any form of power, heat, refrigeration or ventilation is a supply of goods. (4) The granting, assignment or surrender of a major interest in land is treated as a supply of goods. (5) (1) The following applies to things done (whether or not for a consideration) by or under the directions of a person carrying on a business. (2) If goods forming part of the assets of the business are transferred or disposed of so as no longer to form part of those assets, that is a supply by him of the goods ; but this does not apply to— (a) a gift of goods made in the course or furtherance of the business (otherwise than as one forming part of a series or succession of gifts made to the same person from time to time) where the cost to the donor is not more than £10 ; (b) the gift, to an actual or potential customer of the business, of an industrial sample in a form not ordinarily available for sale to the public. (3) If goods held or used for the purposes of the business are put to any private use or are used, or made available to any person for use, for any purpose other than a purpose of the business, that is a supply of services. (4) Anything which is a supply of goods or services by virtue of sub-paragraph (2) or (3) is to be treated as made in the course or furtherance of the business (if it would not otherwise be so treated); and in the case of a business carried on by an individual— (a) sub-paragraph (2) applies to any transfer or disposition of goods in favour of himself personally ; and (b) sub-paragraph (3) applies to goods used, or made available for use, by himself personally. (6) Where in the case of a business carried on by a taxable person, goods forming part of the assets of the business are, under any power exercisable by another person, sold by the other in or towards satisfaction of a debt owed by the taxable person, they shall be deemed to be supplied by the taxable person in the course or furtherance of his business. (7) Where a person ceases to be a taxable person, any goods then forming part of the assets of a business carried on by him shall be deemed to be supplied by him in the course or furtherance of his business immediately before he ceases to be a taxable person, unless— (a) the business is transferred as a going concern to another taxable person ; or (b) the business is carried on by another person who, under regulations made under section 23(3) of this Act, is treated as a taxable person; or (c) the tax on the deemed supply would not be more than £50 ; or (d) the taxable person can show, to the satisfaction of the Commissioners, that the goods were acquired for the business before 1st April 1973 and have not been the subject of relief under section 4 of the Finance Act 1973 (tax- or duty-paid stock held at commencement of VAT). SCHEDULE 2A (1) Transfers and assignments of copyright, patents, licences, trademarks and similar rights. (2) Advertising services. (3) Services of consultants, engineers, consultancy bureaux, lawyers, accountants and other similar services; data processing and provision of information (but excluding from this head any services relating to land). (4) Acceptance of any obligation to refrain from pursuing or exercising, in whole or part, any business activity or any such rights as are referred to in paragraph 1 above. (5) Banking, financial and insurance services (including re-insurance, but not including the provision of safe deposit facilities). (6) The supply of staff. (7) The services rendered by one person to another in procuring for the other any of the services mentioned in paragraphs 1 to 6 above. SCHEDULE 3 (1) Where it appears to the Commissioners— (a) that a taxable person has supplied goods or services for a consideration in money the amount of which has been determined with a view to securing a reduction of liability to tax; and (b) that it is likely that goods or services will be similarly supplied by him ; and (c) that it is necessary for the protection of the revenue to exercise their powers under this paragraph; they may by notice in writing give directions to that person for securing that the value by reference to which tax is charged on any supply by him of goods or services after the giving of the notice or after such later date as may be specified therein is not less than the open market value of the supply. (2) Where it appears to the Commissioners— (a) that a person has been concerned with the importation of goods at a price in money the amount of which has been determined with a view to securing a reduction of liability to tax on importation; and (b) that it is likely that there will be other importations with which he is or may be similarly concerned; and (c) that it is necessary for the protection of the revenue to exercise their powers under this paragraph, they may by notice in writing give directions to that person for securing that, in the case of goods imported by him after the date of the notice or such later date as may be specified in it, their value for purposes of tax on importation is to be the open market value as under section 11(3), instead of the price as under section 11(2) of this Act. (3) Where it appears to the Commissioners— (a) that the whole or part of a business carried on by a taxable person consists in supplying to a number of individuals goods to be sold, whether by them or others, by retail; and (b) that those individuals are not taxable persons ; and (c) that it is necessary for the protection of the revenue to exercise their powers under this paragraph, they may by notice in writing give directions to the taxable person for securing that the value by reference to which tax is charged on any such supply by him after the giving of the notice or after such later date as may be specified therein shall be determined as if the consideration given by any such individual for the supply were equal to the price at which the goods are sold by retail. (4) (1) Where goods or services are supplied for a consideration in money and on terms allowing a discount for prompt payment, the consideration shall be taken for the purposes of section 10 of this Act as reduced by the discount, whether or not payment is made in accordance with those terms. (2) This paragraph does not apply where the terms include any provision for payment by instalments. (5) (1) Where goods are imported at a price in money and on terms allowing a discount for prompt payment, the price shall be taken for the purposes of section 11(2) of this Act as reduced by the discount, whether or not payment is made in accordance with those terms. (2) This paragraph does not apply where the terms include any provision for payment by instalments. (6) Where a right to receive goods or services for an amount stated on any token, stamp or voucher is granted for a consideration, the consideration shall be disregarded for the purposes of this Part of this Act except to the extent (if any) that it exceeds that amount. (7) Where there is a supply of goods by virtue— (a) of a Treasury order under section 6(5); or (b) of paragraph 5(2) of Schedule 2 (but otherwise than for a consideration); or (c) of paragraph 7 of that Schedule, the value of the supply shall be taken to be the cost of the goods to the person making the supply. (8) Where there is a supply of services by virtue— (a) of a Treasury order under section 6(4); or (b) of paragraph 5(3) of Schedule 2 (but otherwise than for a consideration); the value of the supply shall be taken to be the full cost to the taxable person of providing the services. (9) Where a supply of services consists in the provision of accommodation in a hotel, inn, boarding house or similar establishment for a period exceeding four weeks— (a) the value of so much of the supply as is in excess of four weeks shall be taken to be reduced to such part thereof as is attributable to facilities other than the right to occupy the accommodation ; and (b) that part shall be taken to be not less than 20 per cent. (10) (1) Where any sum relevant for determining value is expressed in a currency other than sterling, it is to be converted into sterling in accordance with Community rules applicable to valuation for customs purposes. (2) In relation to a supply of goods or services, the material time for valuation, by reference to which the appropriate exchange rate is determined under the rules, is the time of supply. (11) Regulations may require that in prescribed circumstances there is to be taken into account, as constituting part of the consideration for the purposes of section 10(2) (where it would not otherwise be so taken into account) money paid in respect of the supply by persons other than those to whom the supply is made. (12) A direction under paragraph 1, 2 or 3 above may be varied or withdrawn by the Commissioners by a further direction given by notice in writing.

PART II — Consequential Amendments

Finance Act 1972, Part I

15

At the following places in the 1972 Act for the words "in the course of a business " there shall be substituted the words " in the course or furtherance of any business " —

• section 15A(i), 18,19(2) (twice), 31(3), 35(2) and (4); and

• Schedule 4, Group 8, Note (2)(c).

16

At the places in that Act specified in the first column of the following Table, the words shown in the second column are replaced by those shown in the third column—

Section/subsection/ Schedule reference	Existing words	Substituted words
Section 12(8)	" the preceding subsection "	" subsection (7) or (7A) above "
Section 14(5)	" section 3(6)"	" section 3(9)"
Section 15(2)	" section 3 "	" section 4 "
Section 15A(1)(b)	" within the meaning of section 5(6) of this Act he would be entitled to deduct"	" he would be entitled to credit for "
Section 21(2)	" section 6 "	" section 6(5) or (6) "
Section 23(2)	" club or association "	" club, association or organisation "
Section 28(1)	" deducted "	" credited "
Section 29	" paragraph 5 "	" paragraph 6 ".
Section 30(6)	" paragraph 2 "	" paragraph 6 "
Section 30(7)	" section 3(2)"	" section 3(5)"
Section 32(1)	" section 3(2)"	" section 3(5)"
Section 40(1)(d)	" deducted by "	" credited to "
Section 40(4)(b)	" section 3(2)"	section 3(5)"
Section 46(1)—
(a) in the definition of "prescribed accounting period "	" section 30(1)"	" section 3(1)"
(b) in the definition of " taxable person "	" section 4 "	" section 2(2)"

17

In section 15 of that Act, the following shall be substituted for subsection (5)—

(5) References in this section to tax chargeable do not include any tax which, by virtue of an order under section 3(9), is excluded from credit under that section.

18

In section 43(4) of that Act, for paragraph (b) there shall be substituted—

(b) for excluding any tax from credit under section 3

.

19

In section 46(1) of that Act the following amendments shall be made—

• (a) after the definition of " input tax " there shall be inserted—

• ' major interest ', in relation to land, means the fee simple or a tenancy for a term certain exceeding 21 years, and in relation to Scotland means— the estate or interest of the proprietor of the dominium utile, or in the case of land not held on feudal tenure, the estate or interest of the owner, or the lessee's interest under a lease for a period exceeding 21 years

;

• (b) after the definition of "money" there shall be inserted—

• ' prescribed ' means prescribed by regulations

;

• (c) after the definition of " quarter " there shall be inserted—

• ' regulations ' means regulations made by the Commissioners under this Part of this Act ", and

• (d) for the definition of "taxable supply" there shall be substituted—

• ' taxable supply ' has the meaning assigned to it by section 2(2) of this Act

.

20

In Schedule 1 to that Act, at the end of paragraph 14 there shall be added " and references in this Schedule to supplies are references to supplies made in the course or furtherance of a business ".

Other enactments (including subordinate legislation)

21

In section 258(3) of the Customs and Excise Act 1952, after the words " this section " there shall be inserted—

and to section 11 of the Finance Act 1972 (as substituted by section 14 of, and Part I of Schedule 6 to, the Finance Act 1977)

.

22

In section 4(1) of the Finance Act 1973, for "deducted" there shall be substituted " credited ".

23

In section 6 of that Act, an additional subsection shall be inserted as follows—

(2) As from 1st January 1978, the reference above to section 5(7) of the Finance Act 1972 shall be read as a reference to section 6(3) of that Act

.

24

In section 18(6) of the Finance (No. 2) Act 1975, for the words " section 5(3) of " there shall be substituted " paragraph 2 of Schedule 2 to ".

25

In section 23(3) of the Finance Act 1976, for the words " deducted as input tax under section 3(1) " there shall be substituted " credited as input tax under section 3 ".

26

In the Value Added Tax (Self-Supply) (No. 2) Order 1972, in Article 3 for the words " in the course of " there shall be substituted " in the course or furtherance of ".

27

In the Value Added Tax (Cars) Order 1972, in Article 5(1), for the words " in the course of a business " there shall be substituted " in the course or furtherance of any business ".

28

In any Treasury order or Commissioners' regulations made before the passing of this Act under Part I of the 1972 Act, for any reference to a provision of that Act specified in column 1 of the following Table there shall be substituted the provision of that Act specified against it in column 2.

Old reference	New reference
Section 3(3).	Sections 3 and 4.
Section 3(6).	Section 3(9).
Section 5(7).	Section 6(3).
Schedule 2, paragraph 2.	Schedule 2, paragraph 6.

PART III — Transitional Provisions

29

In this Part of this Schedule " the operative date" means 1st January 1978.

30

Anything begun before the operative date under any provision of Part I of the 1972 Act may be continued under that Part of that Act as amended, if and in so far as that provision remains in force (whether or not in the same section or subsection of the Act).

31

Any reference in Part I of the 1972 Act as amended to things done, suffered or occurring in the past shall, so far as the context requires for the purpose of continuity of operation between provisions of the Act as in force before the operative date and the same or corresponding provisions in force on or after that date, be construed as including a reference to things done, suffered or occurring before that date.

32

Any Treasury order or Commissioners' regulations made before the operative date under powers conferred by a provision of Part I of the 1972 Act shall continue in force and have effect, as from that date, as if made under the corresponding power conferred by Part I of the Act as amended, subject however to the exercise of any power in that Part of that Act to vary or revoke the orders or regulations.

33

References in any documents to provisions of Part I of the 1972 Act as in force before the operative date shall (if and so far as the context admits) be construed on or after that date as references to the corresponding provisions of that Part as amended.

34

The provisions of this Part of this Schedule shall not be taken as prejudicing the operation of section 38 of the Interpretation Act 1889 (effect of repeals).

SCHEDULE 7

Long absences

1

• (1) Where in any year of assessment—

• (a) the duties of an employment are performed wholly or partly outside the United Kingdom; and

• (b) any of those duties are performed in the course of a qualifying period which falls wholly or partly in that year and consists of at least 365 days,

then, in charging tax under Case I of Schedule E on the amount of the emoluments from that employment attributable to that period, or to so much of it as falls in that year of assessment, there shall be allowed a deduction equal to the whole of that amount.

• (2) For the purposes of this paragraph a qualifying period is a period of consecutive days which either—

• (a) consists entirely of days of absence from the United Kingdom; or

• (b) consists partly of such days and partly of days included by virtue of sub-paragraph (3) below.

• (3) Where, in the case of any person, a period consisting entirely of days of absence from the United Kingdom (" the relevant period ") comes to an end and there have previously been one or more qualifying periods, the relevant period and the (or, if more than one, the last) qualifying period together with the intervening days between those periods shall be treated as a single qualifying period provided that—

• (a) there are no more than 62 intervening days ; and

• (b) the number of days in the resulting period which are not days of absence from the United Kingdom does not exceed one-sixth of the total number of days in that period.

• (4) For the purposes of sub-paragraph (1) above the emoluments from an employment attributable to a qualifying period include any emoluments from that employment for a period of leave immediately following that period but not so as to make any emoluments for one year of assessment emoluments for another.

• (5) In relation to the year 1977-78 references in sub-paragraphs (1) and (4) above to a qualifying period include references to any period beginning before and ending after the commencement of that year which—

• (a) is a continuous period of absence from the United Kingdom as defined in paragraph 2 of Schedule 2 to the Finance Act 1974 ; and

• (b) so far as it falls after the commencement of that year, is (or is part of) a qualifying period as defined in sub-paragraph (2) above.

Shorter or intermittent absences

2

• (1) Where in any year of assessment—

• (a) the duties of an employment are performed wholly or partly outside the United Kingdom ; and

• (b) the number of days in that year which are qualifying days in relation to the employment (together with any which are qualifying days in relation to other employments) amounts to at least 30,

then, in charging tax under Case I of Schedule E on the amount of the emoluments from the employment attributable to duties performed outside the United Kingdom in that year, there shall be allowed a deduction equal to one-quarter of that amount.

• (2) For the purposes of this paragraph a qualifying day in relation to an employment is a day of absence from the United Kingdom—

• (a) which is substantially devoted to the performance outside the United Kingdom of the duties of that employment or of that and other employments ; or

• (b) which is one of at least seven consecutive days on which the person concerned is absent from the United Kingdom for the purpose of the performance of such duties outside the United Kingdom and which (taken as a whole) are substantially devoted to the performance of such duties as aforesaid ; or

• (c) on which the person concerned is travelling in or for the purpose of the performance of such duties outside the United Kingdom.

Foreign employments

3

Where in any year of assessment—

• (a) the duties of an employment are performed wholly outside the United Kingdom ; and

• (b) the employment is with a person, body of persons or partnership resident outside, and not resident in, the United Kingdom,

then, in charging tax under Case I of Schedule E on the amount of the emoluments from the employment for that year, there shall be allowed a deduction equal to one-quarter of that amount.

Emoluments eligible for relief

4

• (1) This paragraph has effect where a deduction falls to be allowed under the foregoing provisions of this Schedule in respect of the emoluments from an employment (" the relevant employment") for a year of assessment in which the duties of—

• (a) the relevant employment; or

• (b) any other employment or employments held by the person concerned which are associated with the relevant employment,

are not performed wholly outside the United Kingdom.

• (2) The amount of the emoluments from the relevant employment in respect of which a deduction is allowed under paragraph 1 above for the year of assessment shall not exceed such proportion of the emoluments for that year from the relevant employment and the other employment or employments (if any) as is shown to be reasonable having regard to the nature of and time devoted to the duties performed outside and in the United Kingdom respectively and to all other relevant circumstances.

• (3) The amount of the emoluments from the relevant employment in respect of which a deduction is allowed under paragraph 2 or 3 above for the year of assessment shall not exceed—

• (a) the prescribed proportion of the emoluments for that year from the relevant employment and the other employment or employments (if any) ; or

• (b) such larger proportion of those emoluments as is shown to be reasonable having regard to the matters mentioned in sub-paragraph (2) above.

• (4) In sub-paragraph (3)(a) above "the prescribed proportion" means the proportion which—

• (a) the number of days in the year of assessment which are shown to be qualifying days (as denned in paragraph 2(2) above) in relation to the relevant employment, bears to

• (b) 365, or if there is a part of the year of assessment in which he holds neither the relevant employment nor any employment associated with it, 365 less the number of days in that part;

and where a day is a qualifying day in relation both to the relevant employment and one or more other employments that day shall, for the purposes of paragraph (a) above, count in relation to the relevant employment as the fraction arrived at by dividing the day equally between the different employments.

• (5) For the purposes of this paragraph an employment is associated with another if they are with the same person or with persons associated with each other and—

• (a) a company is associated with another company if one of them has control of the other within the meaning of section 302 of the Taxes Act or both of them are under the control within the meaning of that section of the same person or persons;

• (b) an individual or partnership is associated with another person (whether or not a company) if one of them has control of the other within the meaning of section 534 of that Act or both are under the control within the meaning of that section of the same person or persons;

but paragraph (b) above shall not be construed as requiring an individual to be treated in any circumstances as under the control of another person.

5

Paragraph 5 of Schedule 2 to the Finance Act 1974 (deductions from emoluments eligible for relief under that Schedule) shall apply also for the purposes of this Schedule.

Supplementary

6

For the purposes of this Schedule a person shall not be regarded as absent from the United Kingdom on any day unless he is so absent at the end of it.

7

Notwithstanding section 184(3)(b) of the Taxes Act (duties performed on vessels and aircraft), there shall be treated for the purposes of this Schedule as performed outside the United Kingdom any duties which a person performs on a vessel or aircraft engaged on—

• (a) a voyage or journey beginning or ending outside the United Kingdom (but exclusive of any part of it which begins and ends in the United Kingdom); or

• (b) any part beginning or ending outside the United Kingdom of a voyage or journey which begins and ends in the United Kingdom ;

and for the purposes of this paragraph any area designated under section 1(7) of the Continental Shelf Act 1964 shall be treated as part of the United Kingdom.

8

Where an employment is in substance one the duties of which fall in the year of assessment to be performed in the United Kingdom, then, for the purposes of paragraph 1 above, there shall be treated as so performed any duties performed outside the United Kingdom the performance of which is merely incidental to the performance of the other duties in the United Kingdom.

9

Section 184(2) of the Taxes Act (performance in the United Kingdom of duties incidental to duties performed abroad) shall not be construed as affecting any question under paragraph 1 or 2 above where any duties are performed or whether a person is absent from the United Kingdom.

10

The same day may be taken into account for the purposes of both paragraphs 1 and 2 above but a deduction shall not be allowed in respect of the same emoluments under both those paragraphs or under either of them as well as paragraph 3 above.

11

In this Schedule references to an employment include references to an office.

SCHEDULE 8

PART I — Employees' Benefits

Taxes Management Act 1970 (c. 9)

1

In section 15(7) of the Taxes Management Act 1970 (employers required to state whether employees have received benefits) for the words " or sections 61 to 68 of the Finance Act 1976 " there shall be substituted the words " sections 61 to 68 of the Finance Act 1976 or section 33 of the Finance Act 1977 ".

Income and Corporation Taxes Act 1970 (c. 10)

2

Section 185 of the Taxes Act (accommodation occupied by holder of office or employment) is repealed.

3

• (1) Section 194 of that Act (expenditure and houses of ministers of religion) shall be amended as follows.

• (2) For subsection (1) (occupation by clergymen treated as representative occupation) there shall be substituted the following subsection—

(1) This section applies where an interest in any premises belongs to a charity or any ecclesiastical corporation and (in right of that interest)— (a) the persons from time to time holding any full-time office as clergyman or minister of any religious denomination, or (b) any particular person holding such an office, have or has a residence in those premises from which to perform the duties of the office.

.

• (3) In subsection (2) (exemptions for expenditure connected with such occupation), for the words from the beginning to " then " there shall be substituted the words " In the case of such a clergyman or minister ";

and at the beginning of paragraph (c) there shall be inserted the words " unless he is in director's or higher paid employment (as denned in Chapter II of Part III of the Finance Act 1976). "

Finance Act 1973 (c. 51)

4

In section 43 of the Finance Act 1973 (occupation of Chevening House), for the words " section 185 of the Taxes Act" there shall be substituted the words " section 33 of the Finance Act 1977 ".

Finance Act 1976 (c. 40)

5

In section 61 of the Finance Act 1976, at the beginning of subsection (1) (provision charging benefits) there shall be inserted " Subject to section 63A " ; and in subsection (2) (benefits subject to charge under the section), for the words "living or other accommodation " there shall be substituted " accommodation (other than living accommodation) ".

6

In section 62 of that Act, for subsections (4) and (5) (exclusion of certain representative living accommodation from treatment as taxable benefit) there shall be substituted the following subsection:—

(4) Where living accommodation is provided by reason of a person's employment— (a) alterations and additions to the premises concerned which are of a structural nature, and (b) repairs to the premises of a kind which, if the premises were let under a lease to which section 32 of the Housing Act 1961 (repairing obligations) applies, would be the obligation of the lessor under the covenants implied by subsection (1) of that section, are not benefits to which section 61 applies

.

7

In section 63 of that Act (cash equivalent of benefits charged under section 61), subsection (7) shall be omitted.

PART II — Amendment of Finance Act 1974 (c.30) Schedule 1 Part II

8

• (1) Paragraph 5 of the Schedule shall be amended as follows.

• (2) In sub-paragraph (1) and sub-paragraph (2)(a), after "paragraph 4(1)(a)" there shall be inserted " or paragraph 4A(1) ".

• (3) In sub-paragraph (3), after paragraph (c) there shall be inserted " or if that other person falls within paragraphs (b) and (c) above and is by virtue of paragraph 4A above entitled to claim relief under section 75 of the Finance Act 1972 in respect of that part of the interest ".

9

In paragraph 7 of the Schedule, after " where " there shall be inserted " it is eligible only because ".

10

For paragraph 8 of the Schedule there shall be substituted the following—

(8) (1) Where any interest paid by persons as the personal representatives of a deceased person or as trustees of a settlement made by his will would, on the assumptions required by this paragraph, be eligible for relief under section 75 of the Finance Act 1972 by virtue of Part I of Schedule 9 to that Act and, in a case where sub-paragraph (3) below applies, one of the conditions in sub-paragraph (4) below is satisfied, that interest shall be so eligible notwithstanding the preceding provisions of this Part of this Schedule. (2) For the purposes of sub-paragraph (1) above it shall be assumed that the deceased would have survived and been the borrower. (3) If, at his death— (a) the land, caravan, or house boat concerned was used as his only or main residence, or (b) it was used by him as a residence or was intended to be used in due course as his only or main residence and, in either case, he resided in job-related living accommodation, it shall be assumed for the purposes of sub-paragraph (1) above that that would have continued to be the case. (4) The conditions referred to in sub-paragraph (1) above are— (a) that, at the time the interest is paid, the land, caravan or house boat concerned is used as the only or main residence of the deceased's widow or widower or of any dependant relative of the deceased ; (b) that, at that time, it is used by the deceased's widow or widower as a residence or is intended to be used in due course as his or her only or main residence and, in either case, he or she resides in job-related living accommodation. (5) In this paragraph ' personal representatives ' has the meaning assigned to it by section 432 of the Taxes Act; and sub-paragraphs (3) to (6) of paragraph 4A above apply in relation to this paragraph as they do to that

.

SCHEDULE 9

Part I — Customs and Excise

Part II — Tobacco

Part III — Value Added Tax

Part IV — Child Benefit etc.

Part V — Annuities under Tithe Acts 1936 and 1951

Part VI — Miscellaneous

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULES 4, 5

1

The repeal in section 255A of the Customs and Excise Act 1952 takes effect on such day as may be appointed by regulations under section 8 of this Act.

2

The repeals in the Import Duties Act 1958 (except section 10(2)), the Finance Act 1959, the Finance Act 1965 and the Finance Act 1971 take effect on 1st July 1977.

3

The repeals in the Finance (No. 2) Act 1975 and of section 14(3) of the Finance Act 1976 take effect on 30th March 1977.

The above repeals take effect on 1st January 1978 but do not affect drawback by virtue of events occurring on or before 30th June 1978.

1

The repeal of section 32(2), (3)(a) and (d), (4), (5) and (6) of the Finance Act 1976 shall be deemed to have come into force on 4th April 1977.

2

The repeal of the other provisions mentioned above does not affect their operation in relation to any allowance or benefit payable in respect of a period before 4th April 1977.

1

The repeal of section 185 of the Income and Corporation Taxes Act 1970 has effect for the year of assessment 1977-78 and subsequent years of assessment.

2

The repeal of section 13 of the Finance Act 1973 does not affect relief for any year of assessment before the year 1977-78.

3

The repeals in the Finance Act 1974 have effect for the year of assessment 1977-78 and subsequent years of assessment.

4

The repeal of section 30(1) of the Finance Act 1976 does not affect relief for any year of assessment before the year 1977-78.

5

The repeal of section 63(7) of the Finance Act 1976 has effect for the year of assessment 1977-78 and subsequent years of assessment.

Editorial notes

[^c7261161]: Act partly in force at Royal Assent, partly retrospective, see individual sections; all provisions so far as unrepealed wholly in force at 1.2.1991. Some provisions came into force at specific times of the day.

[^c7261171]: EDITORIAL NOTE1984 (C) = Capital Transfer Tax Act 1984/Inheritance Tax Act 1984 (c. 51, SIF 65)

[^c7261181]: ss. 1-3, 7, 10, 11, 59(1)(3)(4), Sch. 3 from Group 40:1 (Customs and Excise: Customs and Excise Duties), ss. 17-39, 41, 42, 45-48, 54, 59(1)(2)(3)(c)(4)(5), Schs. 7,8,9 Pts. IV,VI from Group 63:1 (Income, Corporation and Capital Gains Taxes: Income and Corporation Taxes), ss. 56, 59(1)(4)(5), Sch. 9 Pt. V from Group 98:5 (Property, England and Wales: Tithe)

[^c7261191]: S. 1(1)–(5)(8)(9) repealed by Alcholic Liquor Duties Act 1979 (c. 4), Sch. 4 Pt. I

[^c7261201]: Ss. 1(6)(7), 2(1)(3) repealed by Finance Act 1977 (c. 36), Sch. 9 Pt. II (without prejudice to drawback by virtue of events occurring on or before 30. 6. 1978)

[^c7261221]: Ss. 1(6)(7), 2(1)(3) repealed by Finance Act 1977 (c. 36), Sch. 9 Pt. II (without prejudice to drawback by virtue of events occurring on or before 30. 6. 1978)

[^c7261231]: Ss. 2(2)(4)–(8), 3(1)(5) repealed by Tobacco Products Duty Act 1979 (c. 7), Sch.2

[^c7261361]: S. 3 repealed (29.4.1996) by 1996 c. 8, ss. 24(a), 205, Sch. 41 Pt.III

[^c7261371]: S. 4 repealed by Hydrocarbon Oil Duties 1979 (c. 5), s. 28(2), Sch. 7

[^c7261411]: S. 5(1)(5) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt.I (with s. 57(4))

[^c7261421]: Ss. 5(2)(3), 6(2)(3) repealed by Finance Act 1980, (c. 48), s. 122, Sch. 20 Pt. III

[^c7261431]: Ss. 5(4), 6(4) repealed by Finance Act 1985 (c. 54), s. 98(6), Sch. 27 Pt. II

[^c7261491]: S. 6 repealed (1.10.1991) by Finance Act 1991 (c. 31), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art. 2

[^c7261501]: S. 8, 9 repealed by Customs and Excise Management Act 1979 (c. 2), s. 177(3), Sch. 6 Pt. I

[^c7261511]: 1972 c. 68.

[^c7261521]: Words substituted by Customs and Excise Duties (General Reliefs) Act 1979 (c. 3), Sch. 2 para. 6

[^c7261531]: Words substituted by Customs and Excise Management Act 1979 (c. 2), s. 177, Sch. 4 para. 12 Table Pt. I

[^c7261551]: S. 11 repealed (24.7.2002) by 2002 c. 23, s. 141, Sch. 40 Pt. 5

[^c7261561]: S. 12 repealed by Customs and Excise Duties(General Reliefs), Act 1979 (c. 3), s. 19(2), Sch. 3 Pt. I

[^c7261571]: S. 13 repealed by Finance Act 1978 (c. 42), s. 80(5), Sch. 13 Pt. I

[^c7261581]: S. 14 repealed by Value Added Tax Act 1983 (c. 55), s.50(2), Sch. 11

[^c7261591]: S. 15 repealed by Finance Act 1978 (c. 42), s. 80(5), Sch. 13 Pt. IV

[^c7261601]: Ss. 16, 59(3)(b) repealed (savings) by Value Added Tax Act 1983 (c. 55), s.50(2), Sch. 11

[^c7261611]: Ss.17–39 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31.

[^c7261621]: S. 40 repealed with savings by Capital Gains Tax Act 1979 (c. 14, SIF 63:2), s. 158, Sch. 8

[^c7261641]: S. 41 repealed (in relation to tax for the year 1992-93 and subsequent years subject as mentioned in s. 289 of the amending Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 290, 289, Sch.12 (with ss. 60, 101(1) and 203(3))

[^c7261651]: S. 42 repealed (in relation to tax for the year 1992-93 and subesquent years subject as mentioned in s. 289 of the amending Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 290, 289, Sch.12 (with ss. 60, 101(1) and 203(3))

[^c7261661]: S. 43 repealed with savings by Capital Gains Tax Act 1979 (c. 14, SIF 63:2), s. 158, Sch. 8

[^c7261671]: S. 44 repealed (pt. retrosp.)by Finance Act 1978 (c. 42), s. 80(5), Sch. 13 Pt. IV

[^c7261681]: Ss. 45–48 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31.

[^c7261691]: S. 49 repealed (retrosp.) by Finance (No. 2) Act 1983 (c. 49), s. 16(4), Sch. 2 Pt. II

[^c7261701]: S. 50 repealed by Finance Act 1982 (c. 39), s. 157, Sch. 22 Pt. VII Note 3

[^c7261711]: S. 51 repealed (in relation to property transferred into settlement on or after 10th March 1981) by Finance Act 1981 (c. 35), s.139, Sch. 19 Pt. IX Note 6

[^c7261721]: S. 51(3)(4) repealed by Finance Act 1982 (c. 39), s. 157, Sch. 22 Pt. VII Note 3

[^c7261731]: Ss. 52, 53 repealed by Capital Transfer Tax Act 1984 / Inheritance Tax Act 1984 (c. 51, SIF 65), ss.274, 277, Schs. 7, 9

[^c7261741]: 1975 c. 22.

[^c7261751]: S. 55 repealed by Finance Act 1985 (c. 54), s. 98(6), Sch. 27 Pt. X, Note II

[^c7261761]: S. 57 repealed by Finance Act 1984 (c. 43), s. 128(6), Sch. 23 Pt. XI

[^c7261771]: S. 58 repealed by Finance Act 1987 (c. 16), s. 72, Sch. 16 Pt. XI

[^c7261781]: Words substituted by Customs and Excise Management Act 1979 (c. 2), s. 177, Sch. 4 para. 12 Table Pt. I

[^c7261791]: Ss. 16, 59(3)(b) repealed (savings) by Value Added Tax Act 1983 (c. 55), s.50(2), Sch. 11

[^c7261801]: Words repealed with savings by Capital Gains Tax Act 1979 (c.14, SIF 63:2), ss. 157(1),158, Sch. 6 para.10(2)(b), Sch. 8

[^c7261811]: S. 59(3)(d) repealed (savings) by Capital Transfer Tax Act 1984/Inheritance Tax Act 1984 (c.51, SIF 65), ss.274, 277, Schs. 7, 9

[^c7261821]: The text of ss. 41(1), 51, 59 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991

[^c7261831]: Schs. 1, 2 repealed by Alcholic Liquor Duties Act 1979 (c. 4),s. 92(2), Sch. 4 Pt. I

[^c7261841]: Schs. 4, 5 repealed by Finance Act 1980, (c. 48), s. 122, Sch. 20 Pt. III

[^c7261851]: Sch. 6 repealed by Value Added Tax Act 1983 (c. 55), s.50(2), Sch. 11

[^c7261861]: Schs. 7, 8 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31.

[^c7261871]: The text of ss. 3(4), 6(2)(3), 56, Schs. 1, 2, 4–6, 9 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

[^key-f219f0946bc769eebc52629c4c8fc11b]: S. 56 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 6 Group 3

[^key-9038b51873a0c338a6a008558afb1779]: Sch. 9 Pt. V repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 6 Group 3

[^key-f14364e05d9261093c3b72c076ee6d2d]: Word in Act substituted (22.4.2011) by The Treaty of Lisbon (Changes in Terminology) Order 2011 (S.I. 2011/1043), arts. 2, 3, 6 (with arts. 3(2)(3), 4(2), 6(4)(5))