LegalizeReform history
Finance Act 1987
12 versions
· 1987-05-15
2024-02-22
Finance Act 1987
Changes on 2024-02-22
@@ -851,17 +851,17 @@
- (2) No stamp duty under Schedule 15 to the Finance Act 1999 (bearer instruments) shall be chargeable —
- (a) on the issue of an instrument which relates to such an interest, right or option as is mentioned in subsection (1) above, or
- (b) on the transfer of the interest, right or option constituted by, or transferable by means of, such an instrument.
- (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (b) on the transfer of the interest, right or option constituted by, or transferable by means of, an instrument which relates to an interest, right or option within subsection (1).
- (3) For the purposes of this section, “*exempt securities*” means —
- (a) securities the transfer of which is exempt from all stamp duties,
- (b) securities constituted by or transferable by means of an instrument the issue of which is by virtue of section 30 of the Finance Act 1967 or section 7 of the Finance Act (Northern Ireland) 1967 or section 79(2) of the Finance Act 1986 exempt from stamp duty under the heading “Bearer Instrument” in Schedule 1 to the Stamp Act 1891 , or
- (c) securities the transfer of which is exempt by virtue of section 30 of the Finance Act 1967 or section 7 of the Finance Act (Northern Ireland) 1967 or section 79(2) of the Finance Act 1986 from stamp duty under that heading;
- (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (c) securities the transfer of which is exempt by virtue of section 30 of the Finance Act 1967 or section 7 of the Finance Act (Northern Ireland) 1967 or section 79(2) of the Finance Act 1986 from stamp duty under Schedule 15 to the Finance Act 1999 (stamp duty: bearer instruments);
and “*securities*” means stock or marketable securities and includes loan capital as defined in section 78(7) of the Finance Act 1986 .
@@ -2998,7 +2998,7 @@
### Duties of excise
#### Unleaded petrol.
#### Part I Vehicles excise duty.
#### Abolition of general betting duty on on-course bets.
@@ -3020,610 +3020,610 @@
#### 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)](https://www.legislation.gov.uk/ukpga/1988/1) but not against each Act
[^c11285981]: [1979 c. 5](https://www.legislation.gov.uk/ukpga/1979/5).
[^c11286141]: [S. 2(1)(3)(5)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/1/3/5) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286151]: [S. 2(2)(a)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/2/a) repealed (8.11.1993) by [S.I. 1993/2452](https://www.legislation.gov.uk/uksi/1993/2452), [art. 3](https://www.legislation.gov.uk/uksi/1993/2452/article/3), [Sch. 2](https://www.legislation.gov.uk/uksi/1993/2452/schedule/2)
[^c11286161]: [S. 2(2)(b)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/2/b) repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11286181]: [S. 2(4)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/4) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art. 2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11286201]: Words in [s. 2(6)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/6) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286211]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286221]: [S. 2(7)(8)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/7/8) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286241]: [1981 c. 63](https://www.legislation.gov.uk/ukpga/1981/63).
[^c11286251]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11286261]: [1972 c. 11 (N.I.)](https://www.legislation.gov.uk/apni/1972/11).
[^c11286281]: [S. 4](https://www.legislation.gov.uk/ukpga/1987/16/section/4) repealed (3.5.1994 with effect in accordance with [Sch. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3) of the amending Act) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9), [ss. 6](https://www.legislation.gov.uk/ukpga/1994/9/section/6), [258](https://www.legislation.gov.uk/ukpga/1994/9/section/258), [Schs. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3), [26](https://www.legislation.gov.uk/ukpga/1994/9/schedule/26) Pt. II Note
[^c11286291]: [S. 5(1)(4)(5)](https://www.legislation.gov.uk/ukpga/1987/16/section/5/1/4/5) repealed (3.5.1994 with effect in accordance with [Sch. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3) of the amending Act) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9), [ss. 6](https://www.legislation.gov.uk/ukpga/1994/9/section/6), [258](https://www.legislation.gov.uk/ukpga/1994/9/section/258), [Schs. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3), [26](https://www.legislation.gov.uk/ukpga/1994/9/schedule/26) Pt. II Note
[^c11286331]: [S. 6](https://www.legislation.gov.uk/ukpga/1987/16/section/6) repealed (1.1.1992) by [S.I. 1991/2724](https://www.legislation.gov.uk/uksi/1991/2724), [reg. 9](https://www.legislation.gov.uk/uksi/1991/2724/regulation/9)
[^c11286341]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286351]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286361]: [S. 11](https://www.legislation.gov.uk/ukpga/1987/16/section/11) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286381]: [S. 12](https://www.legislation.gov.uk/ukpga/1987/16/section/12) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286431]: [S. 13](https://www.legislation.gov.uk/ukpga/1987/16/section/13) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286461]: [S. 14](https://www.legislation.gov.uk/ukpga/1987/16/section/14) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286471]: [S. 15](https://www.legislation.gov.uk/ukpga/1987/16/section/15) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286481]: [S. 16](https://www.legislation.gov.uk/ukpga/1987/16/section/16) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286491]: [S. 17](https://www.legislation.gov.uk/ukpga/1987/16/section/17) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286501]: [S. 18](https://www.legislation.gov.uk/ukpga/1987/16/section/18) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286521]: [S. 19](https://www.legislation.gov.uk/ukpga/1987/16/section/19) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286531]: [Ss. 20–39](https://www.legislation.gov.uk/ukpga/1987/16/section/20) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11286591]: [S. 40](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1992/12), [ss. 289](https://www.legislation.gov.uk/ukpga/1992/12/section/289), [290](https://www.legislation.gov.uk/ukpga/1992/12/section/290), [Sch.12](https://www.legislation.gov.uk/ukpga/1992/12/schedule/12) (with [Sch. 11 paras. 22](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/22), [26(2)](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/26/2), [27](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/27))
[^c11286601]: [Ss. 41–46](https://www.legislation.gov.uk/ukpga/1987/16/section/41) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11286611]: [S. 47](https://www.legislation.gov.uk/ukpga/1987/16/section/47) repealed by [Finance Act 1988 (c. 39)](https://www.legislation.gov.uk/ukpga/1988/39), [s. 148](https://www.legislation.gov.uk/ukpga/1988/39/section/148), [Sch. 14 Pt. VII](https://www.legislation.gov.uk/ukpga/1988/39/schedule/14/part/VII) Note 2
[^c11286621]: [1946 c. 64](https://www.legislation.gov.uk/ukpga/1946/64).
[^c11286631]: [1946 c. 17 (N.I.)](https://www.legislation.gov.uk/apni/1946/17)9.
[^c11286661]: [S. 49](https://www.legislation.gov.uk/ukpga/1987/16/section/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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 139](https://www.legislation.gov.uk/ukpga/1999/16/section/139), [Sch. 20 Pt. V(2)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/20/part/V/2)
[^c22513311]: S. 50(1) words inserted by [1987 c. 51](https://www.legislation.gov.uk/ukpga/1987/51) s. 99(1)
[^c22517441]: Words in s. 50(1) substituted (with effect in accordance with [s. 112(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/6) of the amending Act) by [Finance Act 1999 (c. 16)](https://www.legislation.gov.uk/ukpga/1999/16) ss. 112(4), 122, {Sch. 14 para. 21}
[^c22517461]: Words in s. 50(2) substituted (with application in accordance with [s. 113(4)](https://www.legislation.gov.uk/ukpga/1999/16/section/113/4) of the amending Act) by [Finance Act 1999 (c. 16)](https://www.legislation.gov.uk/ukpga/1999/16) s. 113(3), {Sch. 16 para. 10}
[^c22513331]: S. 50 (3) words inserted by [1987 c. 51](https://www.legislation.gov.uk/ukpga/1987/51) s. 99(2)
[^c22188281]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^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)](https://www.legislation.gov.uk/ukpga/1999/16) s. 138, {Sch. 20 Pt. V(5)}
[^c22517541]: [S. 51](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1999/16) s. 138, {Sch. 20 Pt. 5(5)}
[^c22517521]: [S. 53](https://www.legislation.gov.uk/ukpga/1987/16/section/53) repealed (with effect as mentioned in Sch. 18 Pt. VII note 4 of the amending Act) by [Finance Act 1997 (c. 16)](https://www.legislation.gov.uk/ukpga/1997/16) 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](https://www.legislation.gov.uk/uksi/1998/3178), [art. 2(2)](https://www.legislation.gov.uk/uksi/1998/3178/article/2/2), [Sch. 4](https://www.legislation.gov.uk/uksi/1998/3178/schedule/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(a)](https://www.legislation.gov.uk/ukpga/2000/17/section/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(b)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/2/b)
[^c11286901]: Words in s. 55(1) inserted (1.4.1999) by [1998 c. 38](https://www.legislation.gov.uk/ukpga/1998/38), [s. 125](https://www.legislation.gov.uk/ukpga/1998/38/section/125), [Sch. 12 para. 25](https://www.legislation.gov.uk/ukpga/1998/38/schedule/12/paragraph/25) (with [ss. 137(1)](https://www.legislation.gov.uk/ukpga/1998/38/section/137/1), [139(2)](https://www.legislation.gov.uk/ukpga/1998/38/section/139/2), [143(2)](https://www.legislation.gov.uk/ukpga/1998/38/section/143/2)); [S.I. 1999/782](https://www.legislation.gov.uk/uksi/1999/782), [art. 2](https://www.legislation.gov.uk/uksi/1999/782/article/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(c)](https://www.legislation.gov.uk/ukpga/2000/17/section/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(3)](https://www.legislation.gov.uk/ukpga/2000/17/section/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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 139](https://www.legislation.gov.uk/ukpga/1999/16/section/139), [Sch. 14 para. 22](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/22)
[^c11286941]: [1975 c.26](https://www.legislation.gov.uk/ukpga/1975/26).
[^c11286951]: [S.I. 1970/1681](https://www.legislation.gov.uk/uksi/1970/1681).
[^c11286961]: [S.I. 1976/1775](https://www.legislation.gov.uk/uksi/1976/1775).
[^c22188321]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11286981]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^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)](https://www.legislation.gov.uk/ukpga/1988/1), [Sch. 29 para. 32](https://www.legislation.gov.uk/ukpga/1988/1/schedule/29/paragraph/32)
[^c11287071]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(2)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/101/2/5) for chargeable periods ending after 1 January 1987
[^c11287081]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 102(7)(8)](https://www.legislation.gov.uk/ukpga/1999/16/section/102/7/8)
[^c11287121]: [1983 c. 56](https://www.legislation.gov.uk/ukpga/1983/56).
[^c11287131]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^c11287141]: [1981 c. 35](https://www.legislation.gov.uk/ukpga/1981/35).
[^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](https://www.legislation.gov.uk/ukpga/1947/14).
[^c11287191]: [S. 68(3)](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1992/12), [ss. 289](https://www.legislation.gov.uk/ukpga/1992/12/section/289), [290](https://www.legislation.gov.uk/ukpga/1992/12/section/290), [Sch.12](https://www.legislation.gov.uk/ukpga/1992/12/schedule/12) (with [Sch. 11 paras. 22](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/22), [26(2)](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/26/2), [27](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/27))
[^c11287201]: [1971 c. 80](https://www.legislation.gov.uk/ukpga/1971/80).
[^c11287211]: S. 70(1) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11287231]: [S. 71](https://www.legislation.gov.uk/ukpga/1987/16/section/71) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1)
[^c11287241]: [1970 c. 10](https://www.legislation.gov.uk/ukpga/1970/10).
[^c11287251]: [1979 c. 14](https://www.legislation.gov.uk/ukpga/1979/14).
[^c11287261]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c11287271]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^c11287281]: [1975 c. 22](https://www.legislation.gov.uk/ukpga/1975/22).
[^c11287291]: [Sch. 1 Pts. I](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/I), [II](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II) para. 3 repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11287321]: [Sch. 1 Pt. II para. 1](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/1) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287331]: [Sch. 1 Pt. II para. 2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/2) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287341]: [Sch. 1 Pts. I](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/I), [II](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II) para. 3 repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11287351]: [Sch. 1 Pt. II para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/4) repealed by [Finance Act 1989 (c. 26, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1989/26), [s. 187(1)](https://www.legislation.gov.uk/ukpga/1989/26/section/187/1), [Sch. 17 Pt. II](https://www.legislation.gov.uk/ukpga/1989/26/schedule/17/part/II) (in relation to licences taken out after 14.3.1989)
[^c11287361]: [Sch. 1 Pt. II para. 5](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/5) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287371]: [Sch. 1 para. 6](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/6) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287401]: [Sch. 1 Pt. III para. 7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/7) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287411]: [Sch. 1 Pt. III para. 8](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/8) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287421]: [Sch. 1 para. 9](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/9) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287431]: [Sch. 1 Pt. III para. 10](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/10) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287441]: [Sch. 1 para. 11](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/11) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287451]: [Sch. 1 Pt. III para. 12](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/12) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287461]: [Sch. 1 para. 13](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/13) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287471]: [Sch. 1 Pt. III para. 14](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/14) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287481]: [Sch. 1 para. 15](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/15) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287521]: [Sch. 1 Pt. III para. 16](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/16) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287541]: [Sch. 1 para. 17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/17) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287571]: [Sch. 1 Pt. III para. 18](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/18) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I)
[^c11287581]: [Sch. 1 para. 19](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/19) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287591]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11287611]: [Sch. 1 para. 21](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/21) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287621]: [Sch. 2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/2) repealed (1.9.1994 with effect as mentioned in [s. 101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1) of the amending Act) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [s. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2)
[^c11287641]: [Schs. 3–6](https://www.legislation.gov.uk/ukpga/1987/16/schedule/3) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c22189471]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c22547611]: [Sch. 7 para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/7/paragraph/4) repealed (with effect in accordance with s. 102 of the repealing Act) by [Finance Act 1997 (c. 16)](https://www.legislation.gov.uk/ukpga/1997/16), [s. 113](https://www.legislation.gov.uk/ukpga/1997/16/section/113), {Sch. 18 Pt. 7 Note 7}
[^c22189481]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c11287661]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the repealing Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI), Notes 1, 2
[^c11287671]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the amending Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI), Notes 1, 2
[^c11287681]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with effect in accordance with s. 184(6)(b) of the repealing Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI) notes 1, 2
[^c11287691]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11287701]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^c11287721]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regns. 4–6—composite nominations
[^c11287791]: Sch. 10 para. 4(2A) inserted (3.5.1994) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9) s. 235(3)(b)
[^c11287811]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (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)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 18 for conversion of nominated price into sterling
[^c11287861]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 9
[^c11288101]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 19
[^c11288121]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (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)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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](https://www.legislation.gov.uk/ukpga/1980/1).
[^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](https://www.legislation.gov.uk/ukpga/1980/48).
[^c11288251]: [1981 c. 35](https://www.legislation.gov.uk/ukpga/1981/35).
[^c11288261]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^c11288281]: [S.I. 1982/1000](https://www.legislation.gov.uk/uksi/1982/1000).
[^c11288301]: [Sch. 15 paras. 1–11](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/1), [13–17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/13) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/1), [13–17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/13) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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)](https://www.legislation.gov.uk/ukpga/1988/39), [Sch. 13 para. 24](https://www.legislation.gov.uk/ukpga/1988/39/schedule/13/paragraph/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](https://www.legislation.gov.uk/ukpga/1987/16/schedule/2/paragraph/2) repealed by [Finance Act 1990 (c. 29, SIF 40:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. III](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(13)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(7)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(11)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/11), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-de916c7ba048913077472fc48a00f71c]: [Sch. 11 paras. 3-5](https://www.legislation.gov.uk/ukpga/1987/16/schedule/11/paragraph/3) repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(3)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(5)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(6)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(6)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/6/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(2)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/2), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/1)
[^key-0b96585b036f0fcbf315175d8b6bb44f]: S. 70(2) repealed (19.7.2006) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 8(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(ii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(iii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/2/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(i)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/2/a/i), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0b9f12b26b2b413a2ec8226405cd6bf4]: [Sch. 10 para. 2(1)(b)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/b) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-b2deade51b5d5be349a829c79683b28d]: [Sch. 10 para. 2(1)(c)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/c) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-878b4b9c8f219c0f77b1e7e546b5282b]: [Sch. 10 para. 2(1)(d)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/d) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a)
[^key-617061f0cd615ed065ec399d1050c06b]: Words in [Sch. 10 para. 2(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-3414e9262376343c06fd8bee12ece313]: [Sch. 10 para. 3](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/3) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(c)(i)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(c)(ii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(d)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/d), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/a)[(15)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/15)
[^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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(c)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/c), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(c)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/c), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-53a9ac37b312747b86ed1d4c93819130]: Word in Sch. 10 para. 5(1)(d) substituted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(d)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/d)
[^key-0c5a1b68936a35e1e4c8abc3d56f0b53]: Sch. 10 para. 5(1)(g) substituted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(e)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/e)
[^key-7732331d56458833bacb7636a465e546]: Words in Sch. 10 para. 5(2) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(f)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/f)
[^key-cdea029279cb2524f4d22e49b7742200]: Words in Sch. 10 para. 5(3) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(g)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/g)
[^key-c751da2b0f0b630595f9ca2f6d222dc0]: Words in [Sch. 10 para. 6(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-1365cd8a34d9204a7b92af286e92ca97]: [Sch. 10 para. 6(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/2) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-2d5a9aed80ee0125f67ed9a64d501c66]: [Sch. 10 para. 6(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/3) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0eacea0a766a9b4643f30013d0ff7f10]: [Sch. 10 para. 7(6)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/6)[(7)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/7) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(10)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/10)
[^key-4ca3077e7fb2e79306150b28801737bf]: [Sch. 10 para. 7(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/2) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(9)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/9)
[^key-6b96377f2cd9ed4af4e4d78bf5dc47d3]: [Sch. 10 para. 7(5)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/5) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(9)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/9)
[^key-5b5f9f81db84839014651815d735b2a5]: Words in [Sch. 10 para. 12(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/12/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(12)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/12), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0bf3ce9bd9629869c868cf34cdc24adf]: Sch. 11 para. 1(3)-(7) repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/1)
[^key-efc5f0630c359f3914bec8e1055c39c5]: Words in s. 55(1)(c) inserted by [Government of Wales Act 2006 (c. 32)](https://www.legislation.gov.uk/ukpga/2006/32), s. 160, Sch. 10 para. 20 (with Sch. 11 para. 22), the amending provision coming into force immediately after "the 2007 election" (held on 3.5.2007) subject to s. 161(1)(4)(5) of the amending Act, which provides for certain provisions to come into force for specified purposes immediately after the end of "the initial period" (which ended with the day of the first appointment of a First Minister on 25.5.2007) - see ss. 46, 161(4)(5) of the amending Act.
[^key-a1244a71c18ed4605156f03ecdf15b85]: [S. 1(2)](https://www.legislation.gov.uk/ukpga/1987/16/section/1/2) omitted (1.4.2008 retrospective) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 13(11)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/11/a)[(12)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/12), [Sch. 5 paras. 25(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/5/paragraph/25/a), [26(b)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/5/paragraph/26/b)
[^key-729c8f4d6f31a05c7ca6cce79f1b1e5a]: [S. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/section/1/3) omitted (1.4.2008 retrospective) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 13(11)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/11/a)[(12)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/12)
[^key-5c266105cda5b7dc475d257a5bb89534]: Words in s. 50(1) omitted (with effect in accordance with s. 99(2) of the amending Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 17](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/17)
[^key-f3f6e686636f35a059cc1a68cfe66571]: S. 62(3A) inserted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(2)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/2)
[^key-945323a3d489afc667d8cfc1f7c042fa]: S. 62(8A) inserted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(6)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/6)
[^key-87728aab5893c5893b958e997b845ffd]: Words in s. 62(4) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(3)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/3)
[^key-f2b14087e0a79eaea5bc1327d70ec1c5]: Words in s. 62(4)(d) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-b61d47ccc4e4e903f663adb102a71664]: Words in s. 62(4)(e) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-97e2659ebeca982c1fdc3a0c7a2ebe5d]: Words in s. 62(4)(f) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-ab9959e4210fd773aebc8ae3405ade49]: Words in s. 62(6) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/a)
[^key-bab9b15cf3d38e9de52534ea0ec5bf62]: Words in s. 62(6)(a) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(b)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/b)
[^key-d60036d9424d4057c82d0a848c2282f9]: Words in s. 62(6)(c) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(c)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/c)
[^key-917be22336cf840810411594588dc2ca]: S. 62(6)(d) and word preceding it omitted (with effect in accordance with s. 106(7) of the amending Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(d)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/d)
[^key-7e6e0f105339928bcb574d14fe474a0f]: Words in s. 62(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 127](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/127)
[^key-4bdd378a0386613e6e2194eff85efcc2]: Words in s. 66(6) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(2)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/2)
[^key-d6f06cb0c152ce66a9476e79f64f3b04]: Word in s. 66(7)(a) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/a)
[^key-181096c8ac6e38daef7680665c396f43]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(i)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/i)
[^key-4be8f96e2dbbd153ab633861fb72abec]: Word in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(ii)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/ii)
[^key-101d6dee949408278a868cc0b3508f18]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(iii)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/iii)
[^key-07298f82462c210522bacc8e7c7ca2be]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(iv)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/iv)
[^key-71efc6380fec633908964177c1c2a3f5]: Word in s. 66(7)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(c)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/c)
[^key-b60826ec915c8f04bbf0eee2b1bcc6f2]: S. 66(8) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(4)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/4)
[^key-89c875762fdf9d28949aaaf4327f1fe2]: Words in Sch. 12 para. 3(1) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(2)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/2)
[^key-5704e2cf79b05292eebfe7076ea442db]: Words in Sch. 12 para. 3(2)(a) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(3)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/3/a)
[^key-358d706c680d7ae7f06591758f9ea728]: Word in Sch. 12 para. 3(2)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(3)(b)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/3/b)
[^key-5993904c33e4e8e90811e53c8feab2a2]: Words in Sch. 12 para. 3(2)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(4)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/4/a)
[^key-5043d91a71b8f1f0d8fe863633957db7]: Words in Sch. 12 para. 3(2)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(4)(b)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/4/b)
[^key-fb45d675e98fe7a1d592fb5cd340e902]: Sch. 12 para. 3(2)(d) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(5)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/5)
[^key-a1ccc0d2aa8efc70b972e44f0e495ffe]: Word in [Sch. 14 para. 2(2)(c)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/2/2/c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 131](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/131)
[^key-e6a3a429c186b2a48a069c7d3b68fe21]: [S. 63](https://www.legislation.gov.uk/ukpga/1987/16/section/63) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 2](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/2)
[^key-b173e93f2fb45a45983e911914c38d0c]: [Sch. 12 paras. 1](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/1), [2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/2) and cross-headings substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(2)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/2)
[^key-04de56dcf619ebe141a5a82dbc30e828]: [Sch. 12 para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/4) omitted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by virtue of [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(6)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/6)
[^key-7c7e656a7d6c4eb79526971248cc4588]: [Sch. 12 para. 3(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/3)[(4)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/4) inserted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(5)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/5)
[^key-96759567ceb2f7e25cde368a0439890e]: Word in [Sch. 12 para. 3(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/1) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(3)(a)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/3/a)
[^key-c4a05bb5ff2269a37afc0f50d598a381]: Words in [Sch. 12 para. 3(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/1) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(3)(b)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/3/b)
[^key-ca8dbcf3f5d0677cba6f250d57024ecf]: Word in [Sch. 12 para. 3(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/2) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(4)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/4)
[^key-79d0e96349db4a5ddf3a9fde71c6a7d7]: Words in table substituted (1.10.2009) by [Constitutional Reform Act 2005 (c. 4)](https://www.legislation.gov.uk/ukpga/2005/4), [s. 148(1)](https://www.legislation.gov.uk/ukpga/2005/4/section/148/1), [Sch. 11 para. 1(2)](https://www.legislation.gov.uk/ukpga/2005/4/schedule/11/paragraph/1/2); [S.I. 2009/1604](https://www.legislation.gov.uk/uksi/2009/1604), [art. 2(d)](https://www.legislation.gov.uk/uksi/2009/1604/article/2/d)
[^key-e5775adbbed42a18ea7eb57a3bacf605]: Words in [Sch. 13 para. 11(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/13/paragraph/11/2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by [Corporation Tax Act 2010 (c. 4)](https://www.legislation.gov.uk/ukpga/2010/4), [s. 1184(1)](https://www.legislation.gov.uk/ukpga/2010/4/section/1184/1), [Sch. 1 para. 204](https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/204) (with [Sch. 2](https://www.legislation.gov.uk/ukpga/2010/4/schedule/2))
[^key-cb6acb41f69de50111ca3ef593206a2f]: Words in [Sch. 14 para. 10(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/10/2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by [Corporation Tax Act 2010 (c. 4)](https://www.legislation.gov.uk/ukpga/2010/4), [s. 1184(1)](https://www.legislation.gov.uk/ukpga/2010/4/section/1184/1), [Sch. 1 para. 205](https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/205) (with [Sch. 2](https://www.legislation.gov.uk/ukpga/2010/4/schedule/2))
[^key-76c3222fddee8bdd87680ccdf5077608]: [S. 54](https://www.legislation.gov.uk/ukpga/1987/16/section/54) repealed (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by [Finance Act 2012 (c. 14)](https://www.legislation.gov.uk/ukpga/2012/14), [Sch. 39 para. 3(1)(c)](https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/3/1/c) (with [Sch. 39 paras. 11-13](https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/11))
[^key-64791783a6ae2a9bfb80de90a18727be]: Word in [Sch. 10 para. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/1/3) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(2)(a)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/2/a)
[^key-7bbe9481f76c48a4d6eb19e6c4ad30c9]: Word in [Sch. 10 para. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/1/3) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(2)(b)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/2/b)
[^key-2e7f513f65b2fc5bcf09a5ab5b57f83d]: Word in [Sch. 14 para. 8(2)(b)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/8/2/b) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(3)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/3)
[^key-aa608ac7abdbb3bd12d94511ba5e4398]: [S. 50(2)(a)](https://www.legislation.gov.uk/ukpga/1987/16/section/50/2/a) omitted (with effect in accordance with Sch. 11 para. 25 of the amending Act) by virtue of [Finance Act 2024 (c. 3)](https://www.legislation.gov.uk/ukpga/2024/3), [Sch. 11 para. 23(2)(a)](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/23/2/a) (with [Sch. 11 para. 29](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/29))
[^key-9b52e3ef08bca67e3e01456c39b886c3]: Words in [s. 50(2)(b)](https://www.legislation.gov.uk/ukpga/1987/16/section/50/2/b) substituted (with effect in accordance with Sch. 11 para. 25 of the amending Act) by [Finance Act 2024 (c. 3)](https://www.legislation.gov.uk/ukpga/2024/3), [Sch. 11 para. 23(2)(b)](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/23/2/b) (with [Sch. 11 para. 29](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/29))
[^key-f44768574ec0ddb5358f4cefbb7961ec]: [S. 50(3)(b)](https://www.legislation.gov.uk/ukpga/1987/16/section/50/3/b) omitted (with effect in accordance with Sch. 11 para. 25 of the amending Act) by virtue of [Finance Act 2024 (c. 3)](https://www.legislation.gov.uk/ukpga/2024/3), [Sch. 11 para. 23(3)(a)](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/23/3/a) (with [Sch. 11 para. 29](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/29))
[^key-5804f2780aabce9a5ea9cc50c55fe30c]: Words in [s. 50(3)(c)](https://www.legislation.gov.uk/ukpga/1987/16/section/50/3/c) substituted (with effect in accordance with Sch. 11 para. 25 of the amending Act) by virtue of [Finance Act 2024 (c. 3)](https://www.legislation.gov.uk/ukpga/2024/3), [Sch. 11 para. 23(3)(b)](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/23/3/b) (with [Sch. 11 para. 29](https://www.legislation.gov.uk/ukpga/2024/3/schedule/11/paragraph/29))
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### Records relating to importation and exportation.
#### Contract notes.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### Nomination of disposals and appropriations.
#### Nomination of disposals and appropriations.
#### Market value of oil to be determined on a monthly basis.
#### Blends of oil from two or more fields.
#### Regulation of financial dealings.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### 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)](https://www.legislation.gov.uk/ukpga/1988/1) but not against each Act
[^c11285981]: [1979 c. 5](https://www.legislation.gov.uk/ukpga/1979/5).
[^c11286141]: [S. 2(1)(3)(5)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/1/3/5) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286151]: [S. 2(2)(a)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/2/a) repealed (8.11.1993) by [S.I. 1993/2452](https://www.legislation.gov.uk/uksi/1993/2452), [art. 3](https://www.legislation.gov.uk/uksi/1993/2452/article/3), [Sch. 2](https://www.legislation.gov.uk/uksi/1993/2452/schedule/2)
[^c11286161]: [S. 2(2)(b)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/2/b) repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11286181]: [S. 2(4)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/4) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art. 2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11286201]: Words in [s. 2(6)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/6) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286211]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286221]: [S. 2(7)(8)](https://www.legislation.gov.uk/ukpga/1987/16/section/2/7/8) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11286241]: [1981 c. 63](https://www.legislation.gov.uk/ukpga/1981/63).
[^c11286251]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11286261]: [1972 c. 11 (N.I.)](https://www.legislation.gov.uk/apni/1972/11).
[^c11286281]: [S. 4](https://www.legislation.gov.uk/ukpga/1987/16/section/4) repealed (3.5.1994 with effect in accordance with [Sch. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3) of the amending Act) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9), [ss. 6](https://www.legislation.gov.uk/ukpga/1994/9/section/6), [258](https://www.legislation.gov.uk/ukpga/1994/9/section/258), [Schs. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3), [26](https://www.legislation.gov.uk/ukpga/1994/9/schedule/26) Pt. II Note
[^c11286291]: [S. 5(1)(4)(5)](https://www.legislation.gov.uk/ukpga/1987/16/section/5/1/4/5) repealed (3.5.1994 with effect in accordance with [Sch. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3) of the amending Act) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9), [ss. 6](https://www.legislation.gov.uk/ukpga/1994/9/section/6), [258](https://www.legislation.gov.uk/ukpga/1994/9/section/258), [Schs. 3](https://www.legislation.gov.uk/ukpga/1994/9/schedule/3), [26](https://www.legislation.gov.uk/ukpga/1994/9/schedule/26) Pt. II Note
[^c11286331]: [S. 6](https://www.legislation.gov.uk/ukpga/1987/16/section/6) repealed (1.1.1992) by [S.I. 1991/2724](https://www.legislation.gov.uk/uksi/1991/2724), [reg. 9](https://www.legislation.gov.uk/uksi/1991/2724/regulation/9)
[^c11286341]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286351]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11286361]: [S. 11](https://www.legislation.gov.uk/ukpga/1987/16/section/11) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286381]: [S. 12](https://www.legislation.gov.uk/ukpga/1987/16/section/12) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286431]: [S. 13](https://www.legislation.gov.uk/ukpga/1987/16/section/13) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286461]: [S. 14](https://www.legislation.gov.uk/ukpga/1987/16/section/14) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286471]: [S. 15](https://www.legislation.gov.uk/ukpga/1987/16/section/15) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286481]: [S. 16](https://www.legislation.gov.uk/ukpga/1987/16/section/16) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286491]: [S. 17](https://www.legislation.gov.uk/ukpga/1987/16/section/17) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286501]: [S. 18](https://www.legislation.gov.uk/ukpga/1987/16/section/18) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286521]: [S. 19](https://www.legislation.gov.uk/ukpga/1987/16/section/19) repealed (1.9.1994) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c11286531]: [Ss. 20–39](https://www.legislation.gov.uk/ukpga/1987/16/section/20) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11286591]: [S. 40](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1992/12), [ss. 289](https://www.legislation.gov.uk/ukpga/1992/12/section/289), [290](https://www.legislation.gov.uk/ukpga/1992/12/section/290), [Sch.12](https://www.legislation.gov.uk/ukpga/1992/12/schedule/12) (with [Sch. 11 paras. 22](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/22), [26(2)](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/26/2), [27](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/27))
[^c11286601]: [Ss. 41–46](https://www.legislation.gov.uk/ukpga/1987/16/section/41) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11286611]: [S. 47](https://www.legislation.gov.uk/ukpga/1987/16/section/47) repealed by [Finance Act 1988 (c. 39)](https://www.legislation.gov.uk/ukpga/1988/39), [s. 148](https://www.legislation.gov.uk/ukpga/1988/39/section/148), [Sch. 14 Pt. VII](https://www.legislation.gov.uk/ukpga/1988/39/schedule/14/part/VII) Note 2
[^c11286621]: [1946 c. 64](https://www.legislation.gov.uk/ukpga/1946/64).
[^c11286631]: [1946 c. 17 (N.I.)](https://www.legislation.gov.uk/apni/1946/17)9.
[^c11286661]: [S. 49](https://www.legislation.gov.uk/ukpga/1987/16/section/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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 139](https://www.legislation.gov.uk/ukpga/1999/16/section/139), [Sch. 20 Pt. V(2)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/20/part/V/2)
[^c22513311]: S. 50(1) words inserted by [1987 c. 51](https://www.legislation.gov.uk/ukpga/1987/51) s. 99(1)
[^c22517441]: Words in s. 50(1) substituted (with effect in accordance with [s. 112(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/6) of the amending Act) by [Finance Act 1999 (c. 16)](https://www.legislation.gov.uk/ukpga/1999/16) ss. 112(4), 122, {Sch. 14 para. 21}
[^c22517461]: Words in s. 50(2) substituted (with application in accordance with [s. 113(4)](https://www.legislation.gov.uk/ukpga/1999/16/section/113/4) of the amending Act) by [Finance Act 1999 (c. 16)](https://www.legislation.gov.uk/ukpga/1999/16) s. 113(3), {Sch. 16 para. 10}
[^c22188251]: [1967 c. 54](https://www.legislation.gov.uk/ukpga/1967/54).
[^c22188261]: [1967 c. 20 (N. I.)](https://www.legislation.gov.uk/apni/1967/20).
[^c22513321]: S. 50(3) words inserted by [1987 c. 51](https://www.legislation.gov.uk/ukpga/1987/51) s. 99(2)
[^c22188271]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c22513331]: S. 50 (3) words inserted by [1987 c. 51](https://www.legislation.gov.uk/ukpga/1987/51) s. 99(2)
[^c22188281]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^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)](https://www.legislation.gov.uk/ukpga/1999/16) s. 138, {Sch. 20 Pt. V(5)}
[^c22517541]: [S. 51](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1999/16) s. 138, {Sch. 20 Pt. 5(5)}
[^c22517521]: [S. 53](https://www.legislation.gov.uk/ukpga/1987/16/section/53) repealed (with effect as mentioned in Sch. 18 Pt. VII note 4 of the amending Act) by [Finance Act 1997 (c. 16)](https://www.legislation.gov.uk/ukpga/1997/16) 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](https://www.legislation.gov.uk/uksi/1998/3178), [art. 2(2)](https://www.legislation.gov.uk/uksi/1998/3178/article/2/2), [Sch. 4](https://www.legislation.gov.uk/uksi/1998/3178/schedule/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(a)](https://www.legislation.gov.uk/ukpga/2000/17/section/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(b)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/2/b)
[^c11286901]: Words in s. 55(1) inserted (1.4.1999) by [1998 c. 38](https://www.legislation.gov.uk/ukpga/1998/38), [s. 125](https://www.legislation.gov.uk/ukpga/1998/38/section/125), [Sch. 12 para. 25](https://www.legislation.gov.uk/ukpga/1998/38/schedule/12/paragraph/25) (with [ss. 137(1)](https://www.legislation.gov.uk/ukpga/1998/38/section/137/1), [139(2)](https://www.legislation.gov.uk/ukpga/1998/38/section/139/2), [143(2)](https://www.legislation.gov.uk/ukpga/1998/38/section/143/2)); [S.I. 1999/782](https://www.legislation.gov.uk/uksi/1999/782), [art. 2](https://www.legislation.gov.uk/uksi/1999/782/article/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by virtue of [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(2)(c)](https://www.legislation.gov.uk/ukpga/2000/17/section/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)](https://www.legislation.gov.uk/ukpga/2000/17/section/132/4) of the amending Act) by [2000 c. 17](https://www.legislation.gov.uk/ukpga/2000/17), [s. 132(3)](https://www.legislation.gov.uk/ukpga/2000/17/section/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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 139](https://www.legislation.gov.uk/ukpga/1999/16/section/139), [Sch. 14 para. 22](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/22)
[^c11286941]: [1975 c.26](https://www.legislation.gov.uk/ukpga/1975/26).
[^c11286951]: [S.I. 1970/1681](https://www.legislation.gov.uk/uksi/1970/1681).
[^c11286961]: [S.I. 1976/1775](https://www.legislation.gov.uk/uksi/1976/1775).
[^c22188321]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11286981]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^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)](https://www.legislation.gov.uk/ukpga/1988/1), [Sch. 29 para. 32](https://www.legislation.gov.uk/ukpga/1988/1/schedule/29/paragraph/32)
[^c11287071]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(2)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/101/2/5) for chargeable periods ending after 1 January 1987
[^c11287081]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^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](https://www.legislation.gov.uk/ukpga/1999/16), [s. 102(7)(8)](https://www.legislation.gov.uk/ukpga/1999/16/section/102/7/8)
[^c11287121]: [1983 c. 56](https://www.legislation.gov.uk/ukpga/1983/56).
[^c11287131]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^c11287141]: [1981 c. 35](https://www.legislation.gov.uk/ukpga/1981/35).
[^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](https://www.legislation.gov.uk/ukpga/1947/14).
[^c11287191]: [S. 68(3)](https://www.legislation.gov.uk/ukpga/1987/16/section/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)](https://www.legislation.gov.uk/ukpga/1992/12), [ss. 289](https://www.legislation.gov.uk/ukpga/1992/12/section/289), [290](https://www.legislation.gov.uk/ukpga/1992/12/section/290), [Sch.12](https://www.legislation.gov.uk/ukpga/1992/12/schedule/12) (with [Sch. 11 paras. 22](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/22), [26(2)](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/26/2), [27](https://www.legislation.gov.uk/ukpga/1992/12/schedule/11/paragraph/27))
[^c11287201]: [1971 c. 80](https://www.legislation.gov.uk/ukpga/1971/80).
[^c11287211]: S. 70(1) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c11287231]: [S. 71](https://www.legislation.gov.uk/ukpga/1987/16/section/71) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1)
[^c11287241]: [1970 c. 10](https://www.legislation.gov.uk/ukpga/1970/10).
[^c11287251]: [1979 c. 14](https://www.legislation.gov.uk/ukpga/1979/14).
[^c11287261]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c11287271]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^c11287281]: [1975 c. 22](https://www.legislation.gov.uk/ukpga/1975/22).
[^c11287291]: [Sch. 1 Pts. I](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/I), [II](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II) para. 3 repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11287321]: [Sch. 1 Pt. II para. 1](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/1) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287331]: [Sch. 1 Pt. II para. 2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/2) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287341]: [Sch. 1 Pts. I](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/I), [II](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II) para. 3 repealed by [Finance Act 1990 (c. 29, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. II](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/II) (in relation to licences taken out after 20.3.1990)
[^c11287351]: [Sch. 1 Pt. II para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/4) repealed by [Finance Act 1989 (c. 26, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1989/26), [s. 187(1)](https://www.legislation.gov.uk/ukpga/1989/26/section/187/1), [Sch. 17 Pt. II](https://www.legislation.gov.uk/ukpga/1989/26/schedule/17/part/II) (in relation to licences taken out after 14.3.1989)
[^c11287361]: [Sch. 1 Pt. II para. 5](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/II/paragraph/5) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287371]: [Sch. 1 para. 6](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/6) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287401]: [Sch. 1 Pt. III para. 7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/7) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287411]: [Sch. 1 Pt. III para. 8](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/8) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287421]: [Sch. 1 para. 9](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/9) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287431]: [Sch. 1 Pt. III para. 10](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/10) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287441]: [Sch. 1 para. 11](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/11) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287451]: [Sch. 1 Pt. III para. 12](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/12) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287461]: [Sch. 1 para. 13](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/13) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287471]: [Sch. 1 Pt. III para. 14](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/14) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287481]: [Sch. 1 para. 15](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/15) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287521]: [Sch. 1 Pt. III para. 16](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/16) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c11287541]: [Sch. 1 para. 17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/17) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287571]: [Sch. 1 Pt. III para. 18](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/part/III/paragraph/18) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [s. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I)
[^c11287581]: [Sch. 1 para. 19](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/19) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt.IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287591]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c11287611]: [Sch. 1 para. 21](https://www.legislation.gov.uk/ukpga/1987/16/schedule/1/paragraph/21) repealed (1.10.1991) by [Finance Act 1991 (c. 31, SIF 107:2)](https://www.legislation.gov.uk/ukpga/1991/31), [ss. 10](https://www.legislation.gov.uk/ukpga/1991/31/section/10), [123](https://www.legislation.gov.uk/ukpga/1991/31/section/123), [Sch. 19 Pt. IV](https://www.legislation.gov.uk/ukpga/1991/31/schedule/19/part/IV); [S.I. 1991/2021](https://www.legislation.gov.uk/uksi/1991/2021), [art.2](https://www.legislation.gov.uk/uksi/1991/2021/article/2).
[^c11287621]: [Sch. 2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/2) repealed (1.9.1994 with effect as mentioned in [s. 101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1) of the amending Act) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [s. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2)
[^c11287641]: [Schs. 3–6](https://www.legislation.gov.uk/ukpga/1987/16/schedule/3) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/31)
[^c22189471]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c22547611]: [Sch. 7 para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/7/paragraph/4) repealed (with effect in accordance with s. 102 of the repealing Act) by [Finance Act 1997 (c. 16)](https://www.legislation.gov.uk/ukpga/1997/16), [s. 113](https://www.legislation.gov.uk/ukpga/1997/16/section/113), {Sch. 18 Pt. 7 Note 7}
[^c22189481]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c11287661]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the repealing Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI), Notes 1, 2
[^c11287671]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with application as mentioned in ss. 184(6)(b), 185(6) of the amending Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI), Notes 1, 2
[^c11287681]: [Sch. 8 paras. 5-7](https://www.legislation.gov.uk/ukpga/1987/16/schedule/8/paragraph/5) repealed (29.4.1996 with effect in accordance with s. 184(6)(b) of the repealing Act) by [1996 c. 8](https://www.legislation.gov.uk/ukpga/1996/8), [s. 205](https://www.legislation.gov.uk/ukpga/1996/8/section/205), [Sch. 41 Pt. VI](https://www.legislation.gov.uk/ukpga/1996/8/schedule/41/part/VI) notes 1, 2
[^c11287691]: [1986 c. 41](https://www.legislation.gov.uk/ukpga/1986/41).
[^c11287701]: [1984 c. 51](https://www.legislation.gov.uk/ukpga/1984/51).
[^c11287721]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regns. 4–6—composite nominations
[^c11287791]: Sch. 10 para. 4(2A) inserted (3.5.1994) by [1994 c. 9](https://www.legislation.gov.uk/ukpga/1994/9) s. 235(3)(b)
[^c11287811]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (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)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 18 for conversion of nominated price into sterling
[^c11287861]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 9
[^c11288101]: [Finance (No. 2) Act 1987 (c. 51, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1987/51), [s. 101(1)(5)](https://www.legislation.gov.uk/ukpga/1987/51/section/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](https://www.legislation.gov.uk/ukcm/1987/1338) (in Part III) regn. 19
[^c11288121]: See S.I. [1987 No. 1338](https://www.legislation.gov.uk/ukcm/1987/1338) (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)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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](https://www.legislation.gov.uk/ukpga/1980/1).
[^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](https://www.legislation.gov.uk/ukpga/1980/48).
[^c11288251]: [1981 c. 35](https://www.legislation.gov.uk/ukpga/1981/35).
[^c11288261]: [1984 c. 43](https://www.legislation.gov.uk/ukpga/1984/43).
[^c11288281]: [S.I. 1982/1000](https://www.legislation.gov.uk/uksi/1982/1000).
[^c11288301]: [Sch. 15 paras. 1–11](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/1), [13–17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/13) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/1), [13–17](https://www.legislation.gov.uk/ukpga/1987/16/schedule/15/paragraph/13) repealed by [Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)](https://www.legislation.gov.uk/ukpga/1988/1), [s. 844](https://www.legislation.gov.uk/ukpga/1988/1/section/844), [Sch. 31](https://www.legislation.gov.uk/ukpga/1988/1/schedule/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)](https://www.legislation.gov.uk/ukpga/1988/39), [Sch. 13 para. 24](https://www.legislation.gov.uk/ukpga/1988/39/schedule/13/paragraph/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](https://www.legislation.gov.uk/ukpga/1987/16/schedule/2/paragraph/2) repealed by [Finance Act 1990 (c. 29, SIF 40:2)](https://www.legislation.gov.uk/ukpga/1990/29), [s. 132](https://www.legislation.gov.uk/ukpga/1990/29/section/132), [Sch. 19 Pt. III](https://www.legislation.gov.uk/ukpga/1990/29/schedule/19/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(13)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(7)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(11)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/11), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-de916c7ba048913077472fc48a00f71c]: [Sch. 11 paras. 3-5](https://www.legislation.gov.uk/ukpga/1987/16/schedule/11/paragraph/3) repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(3)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(5)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(6)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(6)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/6/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 149(2)](https://www.legislation.gov.uk/ukpga/2006/25/section/149/2), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/1)
[^key-0b96585b036f0fcbf315175d8b6bb44f]: S. 70(2) repealed (19.7.2006) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 8(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(ii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(iii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/2/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(2)(a)(i)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/2/a/i), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0b9f12b26b2b413a2ec8226405cd6bf4]: [Sch. 10 para. 2(1)(b)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/b) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-b2deade51b5d5be349a829c79683b28d]: [Sch. 10 para. 2(1)(c)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/c) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-878b4b9c8f219c0f77b1e7e546b5282b]: [Sch. 10 para. 2(1)(d)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1/d) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/a)
[^key-617061f0cd615ed065ec399d1050c06b]: Words in [Sch. 10 para. 2(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/2/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(3)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/3/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-3414e9262376343c06fd8bee12ece313]: [Sch. 10 para. 3](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/3) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(4)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/4), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(c)(i)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(c)(ii)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(d)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/d), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(5)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/5/a)[(15)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/15)
[^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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(c)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/c), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/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)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(c)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/c), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-53a9ac37b312747b86ed1d4c93819130]: Word in Sch. 10 para. 5(1)(d) substituted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(d)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/d)
[^key-0c5a1b68936a35e1e4c8abc3d56f0b53]: Sch. 10 para. 5(1)(g) substituted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(e)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/e)
[^key-7732331d56458833bacb7636a465e546]: Words in Sch. 10 para. 5(2) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(f)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/f)
[^key-cdea029279cb2524f4d22e49b7742200]: Words in Sch. 10 para. 5(3) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(6)(g)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/6/g)
[^key-c751da2b0f0b630595f9ca2f6d222dc0]: Words in [Sch. 10 para. 6(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(a)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/a), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-1365cd8a34d9204a7b92af286e92ca97]: [Sch. 10 para. 6(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/2) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-2d5a9aed80ee0125f67ed9a64d501c66]: [Sch. 10 para. 6(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/6/3) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(8)(b)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/8/b), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0eacea0a766a9b4643f30013d0ff7f10]: [Sch. 10 para. 7(6)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/6)[(7)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/7) inserted (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(10)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/10)
[^key-4ca3077e7fb2e79306150b28801737bf]: [Sch. 10 para. 7(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/2) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(9)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/9)
[^key-6b96377f2cd9ed4af4e4d78bf5dc47d3]: [Sch. 10 para. 7(5)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/7/5) omitted (with effect in accordance with s. 150(14) of the amending Act) by virtue of [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(9)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/9)
[^key-5b5f9f81db84839014651815d735b2a5]: Words in [Sch. 10 para. 12(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/12/1) repealed (with effect in accordance with s. 150(14) of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [s. 150(12)](https://www.legislation.gov.uk/ukpga/2006/25/section/150/12), [Sch. 26 Pt. 5(2)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/2)
[^key-0bf3ce9bd9629869c868cf34cdc24adf]: Sch. 11 para. 1(3)-(7) repealed (with effect in accordance with Sch. 26 Pt. 5(1) Note 2 of the amending Act) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 5(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/5/1)
[^key-efc5f0630c359f3914bec8e1055c39c5]: Words in s. 55(1)(c) inserted by [Government of Wales Act 2006 (c. 32)](https://www.legislation.gov.uk/ukpga/2006/32), s. 160, Sch. 10 para. 20 (with Sch. 11 para. 22), the amending provision coming into force immediately after "the 2007 election" (held on 3.5.2007) subject to s. 161(1)(4)(5) of the amending Act, which provides for certain provisions to come into force for specified purposes immediately after the end of "the initial period" (which ended with the day of the first appointment of a First Minister on 25.5.2007) - see ss. 46, 161(4)(5) of the amending Act.
[^key-a1244a71c18ed4605156f03ecdf15b85]: [S. 1(2)](https://www.legislation.gov.uk/ukpga/1987/16/section/1/2) omitted (1.4.2008 retrospective) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 13(11)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/11/a)[(12)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/12), [Sch. 5 paras. 25(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/5/paragraph/25/a), [26(b)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/5/paragraph/26/b)
[^key-729c8f4d6f31a05c7ca6cce79f1b1e5a]: [S. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/section/1/3) omitted (1.4.2008 retrospective) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 13(11)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/11/a)[(12)](https://www.legislation.gov.uk/ukpga/2008/9/section/13/12)
[^key-5c266105cda5b7dc475d257a5bb89534]: Words in s. 50(1) omitted (with effect in accordance with s. 99(2) of the amending Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 17](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/17)
[^key-f3f6e686636f35a059cc1a68cfe66571]: S. 62(3A) inserted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(2)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/2)
[^key-945323a3d489afc667d8cfc1f7c042fa]: S. 62(8A) inserted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(6)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/6)
[^key-87728aab5893c5893b958e997b845ffd]: Words in s. 62(4) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(3)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/3)
[^key-f2b14087e0a79eaea5bc1327d70ec1c5]: Words in s. 62(4)(d) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-b61d47ccc4e4e903f663adb102a71664]: Words in s. 62(4)(e) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-97e2659ebeca982c1fdc3a0c7a2ebe5d]: Words in s. 62(4)(f) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(4)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/4)
[^key-ab9959e4210fd773aebc8ae3405ade49]: Words in s. 62(6) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/a)
[^key-bab9b15cf3d38e9de52534ea0ec5bf62]: Words in s. 62(6)(a) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(b)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/b)
[^key-d60036d9424d4057c82d0a848c2282f9]: Words in s. 62(6)(c) substituted (with effect in accordance with s. 106(7) of the amending Act) by [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(c)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/c)
[^key-917be22336cf840810411594588dc2ca]: S. 62(6)(d) and word preceding it omitted (with effect in accordance with s. 106(7) of the amending Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 106(5)(d)](https://www.legislation.gov.uk/ukpga/2008/9/section/106/5/d)
[^key-7e6e0f105339928bcb574d14fe474a0f]: Words in s. 62(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 127](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/127)
[^key-4bdd378a0386613e6e2194eff85efcc2]: Words in s. 66(6) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(2)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/2)
[^key-d6f06cb0c152ce66a9476e79f64f3b04]: Word in s. 66(7)(a) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/a)
[^key-181096c8ac6e38daef7680665c396f43]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(i)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/i)
[^key-4be8f96e2dbbd153ab633861fb72abec]: Word in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(ii)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/ii)
[^key-101d6dee949408278a868cc0b3508f18]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(iii)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/iii)
[^key-07298f82462c210522bacc8e7c7ca2be]: Words in s. 66(7)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(b)(iv)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/b/iv)
[^key-71efc6380fec633908964177c1c2a3f5]: Word in s. 66(7)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(3)(c)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/3/c)
[^key-b60826ec915c8f04bbf0eee2b1bcc6f2]: S. 66(8) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 129(4)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/129/4)
[^key-89c875762fdf9d28949aaaf4327f1fe2]: Words in Sch. 12 para. 3(1) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(2)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/2)
[^key-5704e2cf79b05292eebfe7076ea442db]: Words in Sch. 12 para. 3(2)(a) omitted (1.4.2009) by virtue of [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(3)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/3/a)
[^key-358d706c680d7ae7f06591758f9ea728]: Word in Sch. 12 para. 3(2)(b) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(3)(b)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/3/b)
[^key-5993904c33e4e8e90811e53c8feab2a2]: Words in Sch. 12 para. 3(2)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(4)(a)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/4/a)
[^key-5043d91a71b8f1f0d8fe863633957db7]: Words in Sch. 12 para. 3(2)(c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(4)(b)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/4/b)
[^key-fb45d675e98fe7a1d592fb5cd340e902]: Sch. 12 para. 3(2)(d) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 130(5)](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/130/5)
[^key-a1ccc0d2aa8efc70b972e44f0e495ffe]: Word in [Sch. 14 para. 2(2)(c)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/2/2/c) substituted (1.4.2009) by [The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56)](https://www.legislation.gov.uk/uksi/2009/56), [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/56/article/1/2), [Sch. 1 para. 131](https://www.legislation.gov.uk/uksi/2009/56/schedule/1/paragraph/131)
[^key-e6a3a429c186b2a48a069c7d3b68fe21]: [S. 63](https://www.legislation.gov.uk/ukpga/1987/16/section/63) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 2](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/2)
[^key-b173e93f2fb45a45983e911914c38d0c]: [Sch. 12 paras. 1](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/1), [2](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/2) and cross-headings substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(2)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/2)
[^key-04de56dcf619ebe141a5a82dbc30e828]: [Sch. 12 para. 4](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/4) omitted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by virtue of [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(6)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/6)
[^key-7c7e656a7d6c4eb79526971248cc4588]: [Sch. 12 para. 3(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/3)[(4)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/4) inserted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(5)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/5)
[^key-96759567ceb2f7e25cde368a0439890e]: Word in [Sch. 12 para. 3(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/1) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(3)(a)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/3/a)
[^key-c4a05bb5ff2269a37afc0f50d598a381]: Words in [Sch. 12 para. 3(1)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/1) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(3)(b)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/3/b)
[^key-ca8dbcf3f5d0677cba6f250d57024ecf]: Word in [Sch. 12 para. 3(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/12/paragraph/3/2) substituted (with effect in accordance with Sch. 39 para. 4 of the amending Act) by [Finance Act 2009 (c. 10)](https://www.legislation.gov.uk/ukpga/2009/10), [Sch. 39 para. 3(4)](https://www.legislation.gov.uk/ukpga/2009/10/schedule/39/paragraph/3/4)
[^key-79d0e96349db4a5ddf3a9fde71c6a7d7]: Words in table substituted (1.10.2009) by [Constitutional Reform Act 2005 (c. 4)](https://www.legislation.gov.uk/ukpga/2005/4), [s. 148(1)](https://www.legislation.gov.uk/ukpga/2005/4/section/148/1), [Sch. 11 para. 1(2)](https://www.legislation.gov.uk/ukpga/2005/4/schedule/11/paragraph/1/2); [S.I. 2009/1604](https://www.legislation.gov.uk/uksi/2009/1604), [art. 2(d)](https://www.legislation.gov.uk/uksi/2009/1604/article/2/d)
[^key-e5775adbbed42a18ea7eb57a3bacf605]: Words in [Sch. 13 para. 11(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/13/paragraph/11/2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by [Corporation Tax Act 2010 (c. 4)](https://www.legislation.gov.uk/ukpga/2010/4), [s. 1184(1)](https://www.legislation.gov.uk/ukpga/2010/4/section/1184/1), [Sch. 1 para. 204](https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/204) (with [Sch. 2](https://www.legislation.gov.uk/ukpga/2010/4/schedule/2))
[^key-cb6acb41f69de50111ca3ef593206a2f]: Words in [Sch. 14 para. 10(2)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/10/2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by [Corporation Tax Act 2010 (c. 4)](https://www.legislation.gov.uk/ukpga/2010/4), [s. 1184(1)](https://www.legislation.gov.uk/ukpga/2010/4/section/1184/1), [Sch. 1 para. 205](https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/205) (with [Sch. 2](https://www.legislation.gov.uk/ukpga/2010/4/schedule/2))
[^key-76c3222fddee8bdd87680ccdf5077608]: [S. 54](https://www.legislation.gov.uk/ukpga/1987/16/section/54) repealed (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by [Finance Act 2012 (c. 14)](https://www.legislation.gov.uk/ukpga/2012/14), [Sch. 39 para. 3(1)(c)](https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/3/1/c) (with [Sch. 39 paras. 11-13](https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/11))
[^key-64791783a6ae2a9bfb80de90a18727be]: Word in [Sch. 10 para. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/1/3) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(2)(a)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/2/a)
[^key-7bbe9481f76c48a4d6eb19e6c4ad30c9]: Word in [Sch. 10 para. 1(3)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/10/paragraph/1/3) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(2)(b)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/2/b)
[^key-2e7f513f65b2fc5bcf09a5ab5b57f83d]: Word in [Sch. 14 para. 8(2)(b)](https://www.legislation.gov.uk/ukpga/1987/16/schedule/14/paragraph/8/2/b) substituted (1.10.2016) by [The Petroleum (Transfer of Functions) Regulations 2016 (S.I. 2016/898)](https://www.legislation.gov.uk/uksi/2016/898), [regs. 1(2)](https://www.legislation.gov.uk/uksi/2016/898/regulation/1/2), [9(3)](https://www.legislation.gov.uk/uksi/2016/898/regulation/9/3)
#### Gaming machine licence duty: other amendments.
#### Powers of search and access etc. in respect of vehicles. 1979 c. 2.
#### Information powers.
#### Warrants to purchase Government stock, etc.
#### Shared ownership transactions.
#### Nomination of disposals and appropriations.
#### Nomination of disposals and appropriations.
#### Market value of oil to be determined on a monthly basis.
#### Blends of oil from two or more fields.
#### Regulation of financial dealings.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### Relief for research expenditure.
#### Abolition of enactments relating to exchange control.
#### Arrangements specified in Orders in Council relating to double taxation relief etc.
#### Regulation of financial dealings.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### Abolition of enactments relating to exchange control.
#### Arrangements specified in Orders in Council relating to double taxation relief etc.
#### Maintenance funds for historic buildings etc.
#### Arrangements specified in Orders in Council relating to double taxation relief etc.
#### Securities, other business property and agricultural property.
2016-10-01
Finance Act 1987
2012-07-17
Finance Act 1987
2010-04-01
Finance Act 1987
2009-10-01
Finance Act 1987
2009-07-21
Finance Act 1987
2009-04-01
Finance Act 1987
2008-07-21
Finance Act 1987
2008-04-01
Finance Act 1987
2007-05-03
Finance Act 1987
2006-07-19
Finance Act 1987
1987-05-15
Finance Act 1987
original version
Text at this date