SCHEDULES
SCHEDULE 7CT payment plans for tax on certain transactions with EEA residents
Power of repeal
5
(1)
The Treasury may by regulations—
(a)
repeal section 59FB of TMA 1970,
(b)
repeal Schedule 3ZC to TMA 1970, and
(c)
amend Schedule 56 to FA 2009 in consequence of those repeals.
(2)
Regulations under this paragraph may contain savings and transitional provisions.
(3)
Regulations under this paragraph are to be made by statutory instrument.
(4)
A statutory instrument containing regulations under this paragraph is subject to annulment in pursuance of a resolution of the House of Commons.