Income Tax Act 2007

Transactions in securities: appeals to House of LordsU.K.

132(1)This paragraph applies until paragraph 47 of Schedule 9 to the Constitutional Reform Act 2005 (c. 4) comes into force.U.K.

(2)Section 710 has effect until that time as if—

(a)references in subsections (1), (2) and (4) to the Supreme Court were references to the House of Lords, and

(b)in subsection (3) the words “unless leave has been given under and in accordance with section 1 of the Administration of Justice (Appeals) Act 1934” were substituted for the words “except with the leave of the Court of Appeal or the Supreme Court”.

(3)Section 711(4) has effect until that time as if the reference to the Supreme Court were a reference to the House of Lords.