Finance Act 1987

• (3) For the purposes of this paragraph the relevant periods ends on the date on which the election in question is made and begins—

• (a) in the case of an election relating to expenditure incurred in the first claim period of the field of origin, on the date on which any part of that field was first determined under Schedule 1 to the principal Act; and

• (b) in the case of an election relating to expenditure incurred in any other claim period of the field of origin, at the beginning of that claim period.

Part IV — Supplemental and Consequential Provisions

Notice of variation reducing expenditure qualifying for supplement

11

• (1) This paragraph applies in any case where—

• (a) an amount of expenditure is allowed as qualifying for supplement as regards the field of origin; and

• (b) one or more elections is made in respect of that expenditure; and

• (c) a notice of variation is served under paragraph 9 of Schedule 5 to the principal Act; and

• (d) on that notice of variation becoming effective for the purposes of the said paragraph 9, the amount of the expenditure referred to in paragraph (a) above is taken for the purposes of Part I of the Principal Act as having been reduced.

• (2) In sub-paragraph (3) below—

• (a) “the original expenditure” means the amount of expenditure referred to in sub-paragraph (1)(a) above, disregarding the effect of the notice of variation;

• (b) “the reduced expenditure” means the amount of expenditure after the notice of variation became effective for the purposes of paragraph 9 of Schedule 5 to the principal Act; and

• (c) “the expenditure originally allowable” means the amount of the original expenditure which, having regard to the election or elections in respect of that expenditure but disregarding the effect of the notice of variation, was allowable in accordance with the principal section.

• (3) If the expenditure originally allowable exceeds 10 per cent. of the reduced expenditure, the principal section shall have effect as if the election or elections had specified an amount of that expenditure equal (or equal in the aggregate) to 10 per cent. of the reduced expenditure and, where there was more than one election, paragraph 4 above shall be taken to have applied accordingly.

• (4) Such amendments of assessments to tax or determinations (relating to the field of origin or the receiving field) shall be made as may be necessary in consequence of the preceding provisions of this paragraph.

Elections following variation increasing expenditure qualifying for supplement

12

• (1) In any case where—

• (a) an amount of expenditure is allowed as qualifying for supplement as regards the field of origin, and

• (b) one or more elections is made in respect of that expenditure, and

• (c) a notice of variation is served under paragraph 9 of Schedule 5 to the principal Act, and

• (d) on that notice of variation becoming effective for the purposes of the said paragraph 9, the amount of the expenditure referred to in paragraph (a) above is taken for the purposes of Part I of the principal Act as having been increased,

an election may be made in respect of the amount of the increase as if it were a separate amount of expenditure.

• (2) In the circumstances referred to in sub-paragraph (1) above an election may be made by the participator in question at any time before—

• (a) notice is given to the participator or, as the case may be, the associated company of the making of that assessment or determination or that amendment of an assessment or determination which takes account of the increase resulting from the notice of variation; or

• (b) if it is later, the expiry of the period of thirty days beginning on the date on which the notice of variation becomes effective for the purposes of paragraph 9 of Schedule 5 to the principal Act.

• (3) Where an election is made by a participator in the circumstances referred to in sub-paragraph (1) above—

• (a) paragraph 1(2)(c) above shall have effect as if it referred to the notice of variation;

• (b) subsection (4)(a) of the principal section shall not apply; and

• (c) the expenditure allowable as a result of the election shall be taken into account in the first assessment to tax or determination relating to a chargeable period of the receiving field which is made on or in relation to the participator after the date of the decision to which the notice of variation relates.

• (4) Such amendments of assessments to tax or determinations (relating to the field of origin or the receiving field) shall be made as may be necessary in consequence of the preceding provisions of this paragraph.

Limit on amount of tax payable in respect of receiving field

13

• (1) Where an election has been made by a participator, this paragraph has effect with respect to the determination under section 9 of the principal Act (limit on amount of tax payable) of the adjusted profit of the participator in respect of the receiving field.

• (2) For the chargeable period in which the amount of expenditure allowable by virtue of the election is taken into account as mentioned in subsection (4) of the principal section, that amount shall also be taken into account as if it were an addition to the total amount mentioned in section 9(2)(a)(ii) of the principal Act.

SCHEDULE 15

The Capital Allowances Act 1968 (c. 3)

1–11

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

The Income and Corporation Taxes Act 1970 (c. 10)

2

• (1) The Income and Corporation Taxes Act 1970 shall have effect subject to the following provisions of this paragraph.

• (2) In section 14(7) for all the words following "the Board may consult" there shall be substituted the words "the Secretary of State or the Department of Education for Northern Ireland".

• (3) In section 18(6) for all the words following "1948" there shall be substituted the words "or, in the case of a person ordinarily resident in Scotland or in Northern Ireland, a person who is a blind person within the meaning of section 64(1) of the National Assistance Act 1948.".

• (4) In section 20 in subsection (1) for "the appropriate rate" there shall be substituted "the basic rate" and subsections (3) to (5) shall cease to have effect.

• (5) In section 21(4)(b) for "has the same meaning as in the said section 20" there shall be substituted "means the basic rate".

• (6) In section 73(3) for "feu" there shall be substituted "fee".

• (7) At the end of section 103 there shall be added—

For the avoidance of doubt it is hereby declared that interest to which section 18 of the Taxes Management Act 1970 applies does not include interest to which this section applies.

• (8) In section 117(3)(i) and (ii) for "legal representatives" there shall be substituted "personal representatives" and in subsection (4) of that section for "executors or administrators" there shall be substituted "personal representatives".

• (9) In section 130(c) for "trade or profession" there shall be substituted "trade, profession or vocation".

• (10) In section 133—

• (a) in subsection (1) the words "for Education and Science" shall cease to have effect; and

• (b) the following shall be substituted for subsection (3)—

(3) In relation to technical colleges or other institutions in Northern Ireland, subsection (1) above shall have effect as if for the reference to the Secretary of State there were substituted a reference to the Department of Education for Northern Ireland.

.

• (11) In section 168(7) after "trade", in both places, there shall be inserted "profession or vocation" and after "Case I" there shall be inserted "or II".

• (12) In section 194(1) for "This section" there shall be substituted "Subsection (2) below".

• (13) At the end of sections 213(1), 216(2) and 217(2) there shall be added—"A claim for relief under this subsection shall be made to the Board."

• (14) In section 214(6) for all the words following "do not include" there shall be substituted the words "Australia, Canada, New Zealand, India, Sri Lanka and Cyprus".

• (15) In section 433—

• (a) in paragraph (a) after "payable" there shall be inserted "prior rights of surviving spouse on intestacy"; and

• (b) in paragraph (d) after "in respect of there shall be inserted "prior rights by surviving spouse or in respect of.

• (16) In section 434 for subsection (1A) there shall be substituted the following—

(1A) Subsection (1) above shall not apply in relation to income which is payable as a covenanted payment to charity.

.

• (17) In section 438(2)(b) for "that section" substitute "section 437 above".

• (18) In section 503 (1) the reference to corporation tax shall cease to have effect and accordingly section 100(1) of the Finance Act 1972 shall cease to apply to that subsection.

• (19) In section 516(1) for "country" there shall be substituted "territory".

• (20) Section 526 shall have effect and shall be deemed always to have had effect with the addition, at the end of subsection (5), of the words—

and 'industrial assurance business' means industrial assurance business within the meaning of the Industrial Assurance Act 1923 or the Industrial Assurance (Northern Ireland) Order 1979.

• (21) In section 526 the following subsection shall be inserted after subsection (5)

(5A) In the Tax Acts any reference to a child, however expressed, shall be construed as including a reference to an adopted child. This subsection does not apply for the purposes of paragraph 18 of Schedule 14 to this Act.

• (22) In paragraph 16(1) of Schedule 10 for the definition of "premiums trust fund" there shall be substituted the following—

• 'premiums trust fund' means such a trust fund as is referred to in section 83 of the Insurance Companies Act 1982;

• (23) In paragraph 6 of Part III of Schedule 12 there shall be added at the end—

(5) This paragraph shall apply to— (a) any banker or other person in the United Kingdom who obtains payment of any such interest, dividends or other annual payments as is or are mentioned in sub-paragraph (1) above; and (b) to any person who would, apart from this paragraph, be obliged to pay income tax in respect of the proceeds of the sale or other realisation of any coupon for any such interest, dividends or other annual payments, as it applies to any person entrusted with the payment of any such interest, dividends or other annual payments, with the substitution in a case falling within paragraph (b) above, of references to the proceeds of the sale or other realisation for references to such interest, dividends or other annual payments. In this sub-paragraph 'coupon' has the same meaning as in section 159 of this Act.

The Finance Act 1970 (c. 24)

3

In section 20(3) of the Finance Act 1970 for "an existing scheme" there shall be substituted "a scheme which was in existence on 6th April 1980".

The Finance Act 1972 (c. 41)

4

In paragraph 10(9) of Schedule 16 to the Finance Act 1972—

• (a) for "paragraphs (b) and (c)" there shall be substituted "paragraph (b)";

• (b) the paragraph lettered (c) shall become paragraph (bb); and

• (c) at the end there shall be added the words—

and in paragraph (c) for 'thirdly' there shall be substituted 'fourthly' and for '(a) or (b)' there shall be substituted '(a), (b) or (bb)'

.

The Finance Act 1973 (c. 51)

5

In paragraph 1(6)(b) of Schedule 12 to the Finance Act 1973 for the words from "any of" to "partnership)" there shall be substituted—

(i) a first-year allowance within the meaning of Chapter I of Part III of the Finance Act 1971 ("the 1971 Act") in respect of expenditure incurred by the company on the provision of machinery or plant; (ii) a writing-down allowance within the meaning of Chapter II of Part I of the Capital Allowances Act 1968 ("the 1968 Act") or, as the case may require, Chapter I of Part III of the 1971 Act in respect of expenditure incurred by the company on the provision of machinery or plant; or (iii) an allowance under section 91 of the 1968 Act in respect of expenditure incurred by the company on scientific research;

.

The Finance Act 1974 (c. 30)

6

In section 27(5) of the Finance Act 1974 for "specified in" there shall be substituted "of.

The Finance Act 1975 (c. 7)

7

• (1) In section 12 of the Finance Act 1975 for the words from "in section" to "1958" there shall be substituted "below" and at the end of that section there shall be added—

• In this section "statutory corporation" means— a corporation incorporated by an Act of Parliament of the United Kingdom or the Parliament of Northern Ireland or by a Measure of the Northern Ireland Assembly or by an Order made under paragraph 1 of Schedule 1 to the Northern Ireland Act 1974; or any other corporation, being a corporation to which functions in respect of the carrying on of an undertaking are entrusted by such an Act, Measure or Order, or by an order made under or confirmed by such an Act or Measure; but, save as is provided by paragraph (b) above, does not include any company within the meaning of the Companies Act 1985 or the Companies (Northern Ireland) Order 1986.

• (2) It is hereby declared for the avoidance of doubt that the reference in paragraph 1(4) of Schedule 2 to the Finance Act 1975 to paragraph 3 of Schedule 1 to the 1970 Act includes a reference both to paragraph 3 of that Schedule as enacted and to paragraphs 3 and 3A of that Schedule as substituted by Part I of Schedule 10 to the Finance Act 1985.

The Finance (No. 2) Act 1975 (c.45)

8

• (1) In section 42(11) of the Finance (No.2) Act 1975 for the definitions of "financial year", "insurance company" and "long term business" there shall be substituted the following definitions—

• "financial year" has the meaning given by section 96 of the Insurance Companies Act 1982;
• "insurance company" means an insurance company to which Part II of that Act applies;
• "long term business" has the meaning given by section 1(1) of that Act.

• (2) In paragraph 6(1) of Part IV of Schedule 12 to that Act (as amended by Schedule 2 to the Companies Consolidation (Consequential Provisions) Act 1985) before sub-paragraph (a) there shall be inserted the following sub-paragraph—

(aa) sections 227 and 241 (contents, laying and delivery of annual accounts;

The Finance Act 1976 (c. 40)

9

In paragraph 13(4) of Schedule 4 to the Finance Act 1976 after paragraph (d) there shall be inserted—

(e) section 64 of the Friendly Societies Act 1974;

.

The Finance Act 1977 (c. 36)

10

In section 38(2)(b) of the Finance Act 1977 for "subsection (3)(a)(i) of the said section 84" substitute "paragraph 3(1)(a)(i) of Schedule 4 to the Inheritance Tax Act 1984".

The Finance Act 1978 (c. 42)

11

• (1) Section 30(7)(c) of the Finance Act 1978 shall have effect and shall be deemed always to have had effect with the addition after "1975" of the words "and paragraph 3(1) of Schedule 2 to the Social Security (Northern Ireland) Act 1975".

• (2) For the purposes of section 31 of that Act "commodity futures" has the same meaning as it has for the purposes of section 72(1) of the Finance Act 1985.

• (3) In section 59(7) of that Act for the words "excess shares" there shall be substituted the words "excess or unauthorised shares".

The Interpretation Act 1978 (c. 30)

12

In Schedule 1 to the Interpretation Act 1978 for the definitions of “the Corporation Tax Acts” and “the Tax Acts” there shall be substituted the following definitions—

• “The Corporation Tax Acts” means the enactments relating to the taxation of the income and chargeable gains of companies and of company distributions (including provisions relating to income tax);

• “The Tax Acts” means the Income Tax Acts and the Corporation Tax Acts.

The Finance Act 1980 (c. 48)

13–17

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

The Finance Act 1981 (c. 35)

14

• (1) In section 48(10) of the Finance Act 1981 for the words from "subscription" to "funds" there shall be substituted the words "payment made, out of public funds or by shares subscribed for, whether for money or money's worth,".

• (2) In section 58(8) of that Act after "goods" there shall be inserted "or services".

The Finance Act 1983 (c. 28)

15

• (1) At the end of paragraph 10(4) of Schedule 5 to the Finance Act 1983 there shall be added the words—

In relation to companies incorporated under the law of Northern Ireland references in this sub-paragraph to the Companies Act 1985 and to section 117 of that Act shall have effect as references to the Companies (Northern Ireland) Order 1986 and to Article 127 of that Order respectively.

• (2) In paragraph 17(1A)(b) of that Schedule for "more than" there shall be substituted "not less than".

The Finance Act 1984 (c. 43)

16

• (1) For section 96(6) of the Finance Act 1984 there shall be substituted—

(6) A charity shall be exempt from tax in respect of an offshore income gain if the gain is applicable and applied for charitable purposes; but if property held on charitable trusts ceases to be subject to charitable trusts and that property represents directly or indirectly an offshore income gain, the trustees shall be treated as if they had disposed of and immediately reacquired that property for a consideration equal to its market value, any gain (calculated in accordance with Schedule 20 to this Act) accruing being treated as an offshore income gain not accruing to a charity. In this subsection "charity" has the same meaning as in section 360 of the Taxes Act and "market value" has the same meaning as in the Capital Gains Tax Act 1979.

• (2) For paragraph 2(1)(d) of Schedule 8 to that Act there shall be substituted the following paragraph—

(d) any company to which property and rights belonging to a trustee savings bank were transferred by section 3 of the Trustee Savings Bank Act 1985;

.

• (3) For paragraph 12 of Schedule 9 to that Act there shall be substituted—

(12) A charity shall be exempt from income tax in respect of an amount which (apart from this paragraph) is chargeable to income tax by virtue of this Schedule or Schedule 11 to the Finance Act 1985 if the amount is applicable and applied for charitable purposes. In this paragraph "charity" has the same meaning as in section 360 of the Taxes Act.

The Finance Act 1986 (c. 41)

17

At the end of paragraph 21(3) of Schedule 9 to the Finance Act 1986 there shall be added the words—

and paragraph 20(4) shall have effect in relation to shares whenever issued

.

SCHEDULE 16

Part I — Vehicles Excise Duty

Part II — Betting and Gaming Duties

Part III — Management of Customs and Excise

Part IV — Value Added Tax

Part V — Income Tax and Corporation Tax: General

Part VI — Unit Trusts

Part VII — Income Tax and Corporation Tax: Pre-Consolidation Amendments

Part VIII — Stamp Duty

Part IX — Inheritance Tax

Part X — Oil Taxation

Part XI — Exchange Control

Part 1 — Customs and Excise and Value Added Tax

Chapter I — Customs and Excise

Duties of excise

Part I Vehicles excise duty.

Abolition of general betting duty on on-course bets.

Local export control.

Amendments of the Management Act

Powers of search and access etc. in respect of vehicles. 1979 c. 2.

Local export control.

Information powers.

Chapter II — Value Added Tax

Maintenance funds for historic buildings etc.

Market value of oil to be determined on a monthly basis.

Maintenance funds for historic buildings etc.

Blends of oil from two or more fields.

Market value of oil to be determined on a monthly basis.

Relief for research expenditure.

Regulation of financial dealings.

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

Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5A

• (1) The requirements of this paragraph for a nomination in respect of a proposed transaction are—

• (a) the name of the participator or of the group of which the participator is a member;

• (b) the name of the person to whom the oil is to be sold, or the name of the group of which that person is a member;

• (c) the blend or grade of oil to be delivered;

• (d) the nominated price of the oil to be delivered;

• (e) the nominal volume of the oil;

• (f) the proposed delivery month;

• (g) the transaction base time; and

• (h) such other information as may be prescribed by the Board.

• (2) In sub-paragraph (1) “ group ” has the meaning given by section 53 of the Companies Act 1989.

5B

• (1) A nomination of a transaction shall not be effective unless oil is delivered pursuant to a contract at arm's length the terms of which incorporate the information specified in the nomination in accordance with paragraph 5(1) or 5A(1).

• (2) But—

• (a) a contract need not refer to the transaction base time, and

• (b) the nomination shall be effective whether or not delivery takes place in the proposed delivery month specified in the nomination and the contract.

Interpretation

12A

For the purposes of section 61 and this Schedule—

• (a) a reference to the proposed delivery month in relation to a proposed transaction is a reference to the month in which delivery is to take place,

• (b) “ relevant delivery ” means a delivery of oil under a contract made at arm's length in respect of which there has been no effective nomination, and

• (c) “ delivery proceeds ” means the price received for a relevant delivery.

1

The repeals in section 16 of each of the Vehicles (Excise) Act 1971 and the Vehicles (Excise) Act (Northern Ireland) Act 1972 have effect in relation to licences taken out after 31st December 1987.

2

The remaining repeals have effect in accordance with section 2(8) (a) and (b) of this Act.

1

The repeal in section 1 of the Betting and Gaming Duties Act 1981 and the repeal of section 3 of that Act have effect with respect to bets made on or after 29th March 1987.

2

The repeal in the Finance Act 1982 has effect with respect to gaming machine licences for any period beginning on or after 1st June 1987.

3

The remaining repeals have effect with respect to gaming machine licences for any period beginning on or after 1st October 1987.

1

The repeals in section 86 of the Taxes Management Act 1970, sections 243 and 244 of the Income and Corporation Taxes Act 1970 and sections 44 and 48 of the Finance (No. 2) Act 1975 have effect with respect to accounting periods beginning on or after 17th March 1987.

2

Subject to section 37(2) of this Act, the repeals in section 303 of the Income and Corporation Taxes Act shall be deemed to have come into force on 6th April 1986.

3

The repeals in Schedule 9 to the Finance Act 1978, section 46 of and Schedule 10 to the Finance Act 1980 and Schedule 10 to the Finance Act 1984 shall be deemed to have come into force on 6th April 1986.

4

The repeals of section 27 of the Finance Act 1981 and section 32 of the Finance Act 1982 do not apply in relation to payments of supplementary allowance in respect of periods before the day on which regulations containing the first schemes under section 20(1)(a) of the Social Security Act 1986 and Article 21(1)(a) of the Social Security (Northern Ireland) Order 1986 come into force.

1

The repeals in section 30 of the Finance Act 1967 and section 7 of the Finance Act (Northern Ireland) 1967 have effect with respect to the issue of instruments and the transfer of stock on or after the day on which this Act is passed.

2

The remaining repeals shall come into force on the day on which section 49(1) of this Act comes into force.

1

The repeal of the Exchange Control Act 1947 does not affect the power of the Treasury to issue a certificate under subsection (2) of section 18 of that Act (including that subsection as applied by section 28(3) or section 29(3) of that Act) with respect to acts done before 13th December 1979.

2

The repeal of section 150(5) of the Capital Gains Tax Act 1979 does not affect the determination of the market value of any assets at a time before 13th December 1979.

Editorial notes

[^c11285951]: The text of ss. 69 and 72(1) was taken from S.I.F. Group 10 (Banking and Currency), ss. 3–5, 72(1)(7), Sch. 16 Pt. II from S.I.F. Group 12:2 (Betting, Gaming and Lotteries: Betting and Gaming Duties), ss. 1, 6–10, 72(1)(7), Sch. 16 Pt. III from S.I.F. Group 40:1 (Customs and Excise: Customs and Excise Duties), ss. 11–19, 72(1)(7), Schs. 2, 16 Pt. IV from S.I.F. Group 40:2 (Customs and Excise: Value Added Tax and Car Tax), ss. 20–46, 61–67, 70(1), 71, 72(1)–(3)(6)(7), Schs. 3–6, 10–15, 16 Pts. V–VII, X from S.I.F. Group 63:1 (Income, Corporation and Capital Gains Taxes: Income and Corporation Taxes), s. 47 from S.I.F. Group 63:2 (Income, Corporation and Capital Gains Taxes: Capital Gains Taxes), ss. 57–60, 70(2), 72(1)(5)(7), Schs. 8, 9, 16 Pt. IX from S.I.F. Group 65 (Inheritance Tax), ss. 68, 72(1)(7) Sch. 16 Pt. XI from S.I.F. Group 99:6 (Public Finance and Economic Controls: Economic Controls), ss. 2, 72(1)(7), Schs. 1, 16 Pt. I from S.I.F. Group 107:2 (Road Traffic: Vehicle Excise Duty) and ss. 48–56, 72(1)(4)(7), Schs. 7, 16 Pt. VIII from S.I.F Group 114 (Stamp Duty); provisions omitted from SIF have been dealt with as referred to in other commentary.

[^c11285961]: 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.

[^c11285971]: General amendments to Tax Acts, Income Tax Acts, and/or Corporation Tax Acts made by legislation after 1.2.1991 are noted against Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) but not against each Act

[^c11285981]: 1979 c. 5.

[^c11286141]: S. 2(1)(3)(5) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt. I (with s. 57(4))

[^c11286151]: S. 2(2)(a) repealed (8.11.1993) by S.I. 1993/2452, art. 3, Sch. 2

[^c11286161]: S. 2(2)(b) repealed by Finance Act 1990 (c. 29, SIF 107:2), s. 132, Sch. 19 Pt. II (in relation to licences taken out after 20.3.1990)

[^c11286181]: S. 2(4) repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art. 2.

[^c11286201]: Words in s. 2(6) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt. I (with s. 57(4))

[^c11286211]: 1979 c. 2.

[^c11286221]: S. 2(7)(8) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt. I (with s. 57(4))

[^c11286241]: 1981 c. 63.

[^c11286251]: 1986 c. 41.

[^c11286261]: 1972 c. 11 (N.I.).

[^c11286281]: S. 4 repealed (3.5.1994 with effect in accordance with Sch. 3 of the amending Act) by 1994 c. 9, ss. 6, 258, Schs. 3, 26 Pt. II Note

[^c11286291]: S. 5(1)(4)(5) repealed (3.5.1994 with effect in accordance with Sch. 3 of the amending Act) by 1994 c. 9, ss. 6, 258, Schs. 3, 26 Pt. II Note

[^c11286331]: S. 6 repealed (1.1.1992) by S.I. 1991/2724, reg. 9

[^c11286341]: 1979 c. 2.

[^c11286351]: 1979 c. 2.

[^c11286361]: S. 11 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286381]: S. 12 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(2), Sch. 15

[^c11286431]: S. 13 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(2), Sch. 15

[^c11286461]: S. 14 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(2), Sch. 15

[^c11286471]: S. 15 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286481]: S. 16 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286491]: S. 17 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286501]: S. 18 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286521]: S. 19 repealed (1.9.1994) by 1994 c. 23, ss. 100(2), 101(1), Sch. 15

[^c11286531]: Ss. 20–39 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11286591]: S. 40 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with Sch. 11 paras. 22, 26(2), 27)

[^c11286601]: Ss. 41–46 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11286611]: S. 47 repealed by Finance Act 1988 (c. 39), s. 148, Sch. 14 Pt. VII Note 2

[^c11286621]: 1946 c. 64.

[^c11286631]: 1946 c. 17 (N.I.)9.

[^c11286661]: S. 49 repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. V(2) notes 1, 2 of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. V(2)

[^c22513311]: S. 50(1) words inserted by 1987 c. 51 s. 99(1)

[^c22517441]: Words in s. 50(1) substituted (with effect in accordance with s. 112(6) of the amending Act) by Finance Act 1999 (c. 16) ss. 112(4), 122, {Sch. 14 para. 21}

[^c22517461]: Words in s. 50(2) substituted (with application in accordance with s. 113(4) of the amending Act) by Finance Act 1999 (c. 16) s. 113(3), {Sch. 16 para. 10}

[^c22513331]: S. 50 (3) words inserted by 1987 c. 51 s. 99(2)

[^c22188281]: 1986 c. 41.

[^c22517481]: S. 50(4)(5) repealed (with effect as mentioned in Sch. 20 Pt. V(2) notes 1, 2 of the amending Act) by Finance Act 1999 (c. 16) s. 138, {Sch. 20 Pt. V(5)}

[^c22517541]: S. 51 repealed (with effect as mentioned in Sch. 20 Pt. V(2) notes 1, 2 of the amending Act) by Finance Act 1999 (c. 16) s. 138, {Sch. 20 Pt. 5(5)}

[^c22517521]: S. 53 repealed (with effect as mentioned in Sch. 18 Pt. VII note 4 of the amending Act) by Finance Act 1997 (c. 16) s. 113, {Sch. 18 Pt. 7}

[^c11286871]: S. 55 extended (20.5.1999) by c. 46, s. 123 (with s. 126(3)-(11)); S.I. 1998/3178, art. 2(2), Sch. 4

[^c11286881]: S. 55(1): words re-numbered as sub-paragraph (a) (retrospective to 28.3.2000 with effect as mentioned in s. 132(4) of the amending Act) by virtue of 2000 c. 17, s. 132(2)(a)

[^c11286891]: S. 55(1): words re-numbered as sub-paragraph (b) (retrospective to 28.3.2000 with effect as mentioned in s. 132(4) of the amending Act) by virtue of 2000 c. 17, s. 132(2)(b)

[^c11286901]: Words in s. 55(1) inserted (1.4.1999) by 1998 c. 38, s. 125, Sch. 12 para. 25 (with ss. 137(1), 139(2), 143(2)); S.I. 1999/782, art. 2

[^c11286911]: S. 55(1): words re-numbered as sub-paragraph (c) (retrospective to 28.3.2000 with effect as mentioned in s. 132(4) of the amending Act) by virtue of 2000 c. 17, s. 132(2)(c)

[^c11286921]: S. 55(1)(d) and the word “or”immediately preceding it inserted (retrospective to 28.3.2000 with effect as mentioned in s. 132(4) of the amending Act) by 2000 c. 17, s. 132(3)

[^c11286931]: Words in s. 55(1) substituted for the words “by virtue of any of the following headings”to “Lease of Tack”(27.7.1999) by 1999 c. 16, s. 139, Sch. 14 para. 22

[^c11286941]: 1975 c.26.

[^c11286951]: S.I. 1970/1681.

[^c11286961]: S.I. 1976/1775.

[^c22188321]: 1986 c. 41.

[^c11286981]: 1984 c. 51.

[^c11286991]: Part of the text of s. 61(5) 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

[^c11287001]: For regulations see Part III (under “Petroleum Revenue Tax: nomination scheme for disposals and appropriations”)

[^c11287061]: Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29 para. 32

[^c11287071]: Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(2)(5) for chargeable periods ending after 1 January 1987

[^c11287081]: 1984 c. 43.

[^c11287091]: S. 62(6)(b) substituted (27.7.1999 with effect in relation to chargeable periods ending on or after 30.6.1999) by 1999 c. 16, s. 102(7)(8)

[^c11287121]: 1983 c. 56.

[^c11287131]: 1984 c. 43.

[^c11287141]: 1981 c. 35.

[^c11287151]: Part of the text of s. 67 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

[^c11287181]: 1947 c. 14.

[^c11287191]: S. 68(3) repealed (6.3.1992 with effect as mentioned in s. 289(1) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with Sch. 11 paras. 22, 26(2), 27)

[^c11287201]: 1971 c. 80.

[^c11287211]: S. 70(1) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11287231]: S. 71 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)

[^c11287241]: 1970 c. 10.

[^c11287251]: 1979 c. 14.

[^c11287261]: 1891 c. 39.

[^c11287271]: 1984 c. 51.

[^c11287281]: 1975 c. 22.

[^c11287291]: Sch. 1 Pts. I, II para. 3 repealed by Finance Act 1990 (c. 29, SIF 107:2), s. 132, Sch. 19 Pt. II (in relation to licences taken out after 20.3.1990)

[^c11287321]: Sch. 1 Pt. II para. 1 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287331]: Sch. 1 Pt. II para. 2 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287341]: Sch. 1 Pts. I, II para. 3 repealed by Finance Act 1990 (c. 29, SIF 107:2), s. 132, Sch. 19 Pt. II (in relation to licences taken out after 20.3.1990)

[^c11287351]: Sch. 1 Pt. II para. 4 repealed by Finance Act 1989 (c. 26, SIF 107:2), s. 187(1), Sch. 17 Pt. II (in relation to licences taken out after 14.3.1989)

[^c11287361]: Sch. 1 Pt. II para. 5 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287371]: Sch. 1 para. 6 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV; S.I. 1991/2021, art.2.

[^c11287401]: Sch. 1 Pt. III para. 7 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287411]: Sch. 1 Pt. III para. 8 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287421]: Sch. 1 para. 9 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art.2.

[^c11287431]: Sch. 1 Pt. III para. 10 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287441]: Sch. 1 para. 11 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art.2.

[^c11287451]: Sch. 1 Pt. III para. 12 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287461]: Sch. 1 para. 13 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art.2.

[^c11287471]: Sch. 1 Pt. III para. 14 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287481]: Sch. 1 para. 15 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV; S.I. 1991/2021, art.2.

[^c11287521]: Sch. 1 Pt. III para. 16 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I (with s. 57(4))

[^c11287541]: Sch. 1 para. 17 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art.2.

[^c11287571]: Sch. 1 Pt. III para. 18 repealed (1.9.1994) by 1994 c. 22, s. 65, Sch. 5 Pt. I

[^c11287581]: Sch. 1 para. 19 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV; S.I. 1991/2021, art.2.

[^c11287591]: 1979 c. 2.

[^c11287611]: Sch. 1 para. 21 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV; S.I. 1991/2021, art.2.

[^c11287621]: Sch. 2 repealed (1.9.1994 with effect as mentioned in s. 101(1) of the amending Act) by 1994 c. 23, s. 100(2)

[^c11287641]: Schs. 3–6 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c22189471]: 1986 c. 41.

[^c22547611]: Sch. 7 para. 4 repealed (with effect in accordance with s. 102 of the repealing Act) by Finance Act 1997 (c. 16), s. 113, {Sch. 18 Pt. 7 Note 7}

[^c22189481]: 1891 c. 39.

[^c11287661]: Sch. 8 paras. 5-7 repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the repealing Act) by 1996 c. 8, s. 205, Sch. 41 Pt. VI, Notes 1, 2

[^c11287671]: Sch. 8 paras. 5-7 repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the amending Act) by 1996 c. 8, s. 205, Sch. 41 Pt. VI, Notes 1, 2

[^c11287681]: Sch. 8 paras. 5-7 repealed (29.4.1996 with effect in accordance with s. 184(6)(b) of the repealing Act) by 1996 c. 8, s. 205, Sch. 41 Pt. VI notes 1, 2

[^c11287691]: 1986 c. 41.

[^c11287701]: 1984 c. 51.

[^c11287721]: Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(1)(5) and Sch. 8 para. 1 for calendar months in chargeable periods beginning with March 1987

[^c11287731]: See S.I. 1987 No. 1338 (in Part III) regns. 4–6—composite nominations

[^c11287791]: Sch. 10 para. 4(2A) inserted (3.5.1994) by 1994 c. 9 s. 235(3)(b)

[^c11287811]: See S.I. 1987 No. 1338 (in Part III) regn. 3 for the manner of making nominations and regns. 6 and 20 for the modification of para. 5(1) in the case of composite nominations and blended oil respectively

[^c11287821]: Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(1)(5) and Sch. 8 para. 2(1) for calendar months in chargeable periods beginning with March 1987

[^c11287841]: Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(1)(5) and Sch. 8 para. 2(2) for calendar months in chargeable periods beginning with March 1987

[^c11287851]: See S.I. 1987 No. 1338 (in Part III) regn. 18 for conversion of nominated price into sterling

[^c11287861]: See S.I. 1987 No. 1338 (in Part III) regn. 9

[^c11288101]: Finance (No. 2) Act 1987 (c. 51, SIF 63:1), s. 101(1)(5) and Sch. 8 para. 6 for calendar months in chargeable periods beginning with March 1987

[^c11288111]: See S.I. 1987 No. 1338 (in Part III) regn. 19

[^c11288121]: See S.I. 1987 No. 1338 (in Part III) regn. 20

[^c11288141]: Part of the text of Sch. 10 para. 13 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

[^c11287711]: For regulations supplementing and modifying Sch. 10 for certain cases see Part III (under “Petroleum Revenue Tax: nomination scheme for disposals and appropriations”)

[^c11288151]: Part of the text of Sch. 11 Pt. I para. 1(2) 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

[^c11288191]: Sch. 11 Pt. II paras. 6, 7 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11288201]: The text of Sch. 13 Pt. I 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

[^c11288211]: Part of the text of Sch. 13 Pt. II paras. 1, 7 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

[^c11288221]: 1980 c. 1.

[^c11288231]: Part of the text of Sch. 13 Pt. II paras. 1, 7 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

[^c11288241]: 1980 c. 48.

[^c11288251]: 1981 c. 35.

[^c11288261]: 1984 c. 43.

[^c11288281]: S.I. 1982/1000.

[^c11288301]: Sch. 15 paras. 1–11, 13–17 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11288311]: The text of Sch. 15 para. 12 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

[^c11288321]: Sch. 15 paras. 1–11, 13–17 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31

[^c11288331]: Part of the text of Sch. 16 Pts. V, VII and X 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

[^c11288341]: The text of Sch. 16 Pt. VI 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

[^c11288351]: Part of the text of Sch. 16 Pts. V, VII and X 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

[^c11288361]: The repeals made in section 47 of the Finance (No. 2) Act 1975 treated as never having had effect—Finance Act 1988 (c. 39), Sch. 13 para. 24

[^c11288371]: Part of the text of Sch. 16 Pts. V, VII and X 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

[^c11287631]: Sch. 2 para. 2 repealed by Finance Act 1990 (c. 29, SIF 40:2), s. 132, Sch. 19 Pt. III Note 3

[^key-6e6bbf31a1dc91a2150c19b9fd4e531a]: Sch. 10 para. 12A and cross-heading inserted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(13)

[^key-62e51756eb7513284332c24fd5a91b04]: Sch. 10 paras. 5A, 5B inserted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(7)

[^key-27763e88350629463d0ddaa4a8a54a7a]: Sch. 10 paras. 8-11 repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(11), Sch. 26 Pt. 5(2)

[^key-de916c7ba048913077472fc48a00f71c]: Sch. 11 paras. 3-5 repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by Finance Act 2006 (c. 25), Sch. 26 Pt. 5(1)

[^key-4b787c966cac9822f0c59ea49eda36b5]: S. 61(6) repealed (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(4), Sch. 26 Pt. 5(2)

[^key-a9fce672a32e4c5e62e9c257bb927994]: S. 61(7) repealed (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(4), Sch. 26 Pt. 5(2)

[^key-14d53c2d2bc4d90ca693eef258b65208]: S. 61(3)-(4B) substituted for s. 61(3)(4) (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(3)

[^key-9be700779985e6a9d7d14a7709c46a89]: Words in s. 61(8) substituted (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(5)

[^key-13523b18b97d7a3ab4721987de5c86a4]: Words in s. 61(9) inserted (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(6)(b)

[^key-2aadc92b9a548d4331216769574d45c6]: Words in s. 61(9) repealed (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(6)(a), Sch. 26 Pt. 5(2)

[^key-2b25442f8102e07784f4318c2e8d6745]: Words in s. 61(1) repealed (with effect in accordance with s. 149(7) of the amending Act) by Finance Act 2006 (c. 25), s. 149(2), Sch. 26 Pt. 5(2)

[^key-d4918d35816f4c416d9298cdcdb9101d]: S. 62(2)(c) repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by Finance Act 2006 (c. 25), Sch. 26 Pt. 5(1)

[^key-0b96585b036f0fcbf315175d8b6bb44f]: S. 70(2) repealed (19.7.2006) by Finance Act 2006 (c. 25), Sch. 26 Pt. 8(2)

[^key-fae8d31dbcf64b9a71ba0bdda47934ea]: Words in Sch. 10 para. 1(1) substituted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(2)(a)(ii)

[^key-e4a8bfdd267f2da55df07ec23176f2c9]: Words in Sch. 10 para. 1(1) substituted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(2)(a)(iii)

[^key-59f3a613ae6960bb986b41b8d7462c62]: Sch. 10 para. 1(2) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(2)(b), Sch. 26 Pt. 5(2)

[^key-8a7bc3b9e21fcbca4db4cbf2364441ff]: Words in Sch. 10 para. 1(1) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(2)(a)(i), Sch. 26 Pt. 5(2)

[^key-0b9f12b26b2b413a2ec8226405cd6bf4]: Sch. 10 para. 2(1)(b) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(3)(a), Sch. 26 Pt. 5(2)

[^key-b2deade51b5d5be349a829c79683b28d]: Sch. 10 para. 2(1)(c) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(3)(a), Sch. 26 Pt. 5(2)

[^key-878b4b9c8f219c0f77b1e7e546b5282b]: Sch. 10 para. 2(1)(d) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of Finance Act 2006 (c. 25), s. 150(3)(a)

[^key-617061f0cd615ed065ec399d1050c06b]: Words in Sch. 10 para. 2(1) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(3)(b), Sch. 26 Pt. 5(2)

[^key-3414e9262376343c06fd8bee12ece313]: Sch. 10 para. 3 repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(4), Sch. 26 Pt. 5(2)

[^key-de07e84d0df7faa53d287cb6460c1a4f]: Sch. 10 para. 4(2) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(b), Sch. 26 Pt. 5(2)

[^key-2e0c3456033931c65e024fd7811cf10b]: Sch. 10 para. 4(2A) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(b), Sch. 26 Pt. 5(2)

[^key-b02f68cdf46725ca943ad1170ac13b18]: Words in Sch. 10 para. 4(3) substituted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(c)(i)

[^key-1319be5d21529efd5b5f098bc055a5b9]: Word in Sch. 10 para. 4(3) substituted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(c)(ii)

[^key-ffd1dda900ddca6c74ee0acec43ff326]: Sch. 10 para. 4(4) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(d), Sch. 26 Pt. 5(2)

[^key-66e67489463c30187f44fe058e002e15]: Sch. 10 para. 4(1)-(1B) substituted for Sch. 10 para. 4(1) (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(5)(a)(15)

[^key-68f26e60b18b0256a5a8966f085e5de3]: Words in Sch. 10 para. 5(1) substituted (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(6)(a)

[^key-5e4eefb9948e0d938b1e40e59167a537]: Words in Sch. 10 para. 5(1)(b) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(6)(b), Sch. 26 Pt. 5(2)

[^key-46e836be071ce6f1690c9c01133a18ee]: Words in Sch. 10 para. 5(1)(c) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(6)(c), Sch. 26 Pt. 5(2)

[^key-423678d53ea428b67c3ecc479b180931]: Words in Sch. 10 para. 5(1)(d) repealed (with effect in accordance with s. 150(14) of the amending Act) by Finance Act 2006 (c. 25), s. 150(6)(c), Sch. 26 Pt. 5(2)