Finance Act 1991

1. Introductory TextNext Match

2. Part I CUSTOMS AND EXCISE, VALUE ADDED TAX AND CAR TAXPrevious MatchNext Match

   1. CHAPTER I CUSTOMS AND EXCISEPrevious MatchNext Match

      1. Rates of dutyPrevious MatchNext Match

         1. 1. Spirits, beer, wine, made-wine and cider.Previous MatchNext Match

         2. 2. Tobacco products.Previous MatchNext Match

         3. 3. Hydrocarbon oil.Previous MatchNext Match

         4. 4. Vehicles excise duty.Previous MatchNext Match

         5. 5. Pool betting duty.Previous MatchNext Match

         6. 6. Gaming licence duty.Previous MatchNext Match

      2. Duties of excise: other provisionsPrevious MatchNext Match

         1. 7. Beer duty.Previous MatchNext Match

         2. 8. Vehicles excise duty: exemptions.Previous MatchNext Match

         3. 9. Vehicles excise duty: combined transport.Previous MatchNext Match

         4. 10. Extension of Vehicles (Excise) Act 1971 to Northern Ireland.Previous MatchNext Match

      3. ManagementPrevious MatchNext Match

         1. 11. Revenue traders and registered excise dealers and shippers.Previous MatchNext Match

         2. 12. Protection of the revenues derived from excise duties.Previous MatchNext Match

   2. CHAPTER II VALUE ADDED TAXPrevious MatchNext Match

      1. 13. Rate.Previous MatchNext Match

      2. 14. Person supplied for input tax purposes.Previous MatchNext Match

      3. 15. Bad debts.Previous MatchNext Match

      4. 16. Groups of companies.Previous MatchNext Match

      5. 17. Interest on overpayments etc.Previous MatchNext Match

      6. 18. Reduction of penalty for serious misdeclaration etc.Previous MatchNext Match

   3. CHAPTER III CAR TAXPrevious MatchNext Match

      1. 19. Vehicles leased to the handicapped.Previous MatchNext Match

      2. 20. Research vehicles.Previous MatchNext Match

3. Part II INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXPrevious MatchNext Match

   1. CHAPTER I GENERALPrevious MatchNext Match

      1. Income tax rates and allowancesPrevious MatchNext Match

         1. 21. Charge and rates of income tax for 1991-92.Previous MatchNext Match

         2. 22. Married couple’s allowance.Previous MatchNext Match

      2. Corporation tax ratesPrevious MatchNext Match

         1. 23. Rate of corporation tax for 1990.Previous MatchNext Match

         2. 24. Charge and rate of corporation tax for 1991.Previous MatchNext Match

         3. 25. Small companies.Previous MatchNext Match

      3. InterestPrevious MatchNext Match

         1. 26. Relief for interest.Previous MatchNext Match

         2. 27. Abolition of higher rate relief on certain mortgage interest etc.Previous MatchNext Match

         3. 28. Mortgage interest relief: caravans.Previous MatchNext Match

      4. Benefits in kindPrevious MatchNext Match

         1. 29. Car benefits.Previous MatchNext Match

         2. 30. Mobile telephones.Previous MatchNext Match

         3. 31. Beneficial loans: increase of de minimis limit.Previous MatchNext Match

      5. Vocational trainingPrevious MatchNext Match

         1. 32. Relief.Previous MatchNext Match

         2. 33. Section 32: supplementary.Previous MatchNext Match

      6. Retirement benefits schemesPrevious MatchNext Match

         1. 34. Conditions for approval: amendments.Previous MatchNext Match

         2. 35. Cessation of approval.Previous MatchNext Match

         3. 36. Cessation of approval: general provisions.Previous MatchNext Match

      7. Profit-related pay, share schemes etc.Previous MatchNext Match

         1. 37. Profit-related pay: increased relief.Previous MatchNext Match

         2. 38. Employee share schemes: non-discrimination.Previous MatchNext Match

         3. 39. Approved share option schemes: price at which shares may be acquired.Previous MatchNext Match

         4. 40. Savings-related share option schemes.Previous MatchNext Match

         5. 41. Profit sharing schemes.Previous MatchNext Match

         6. 42. Costs of establishing share option or profit sharing schemes: relief.Previous MatchNext Match

         7. 43. Costs of establishing employee share ownership trusts: relief.Previous MatchNext Match

         8. 44. Priority share allocations for employees etc.Previous MatchNext Match

      8. Foreign earningsPrevious MatchNext Match

         1. 45. Seafarers.Previous MatchNext Match

         2. 46. Workers in Kuwait or Iraq.Previous MatchNext Match

      9. Insurance companies and friendly societiesPrevious MatchNext Match

         1. 47. Investor protection schemes.Previous MatchNext Match

         2. 48. Assimilation of basic life assurance business and general annuity business.Previous MatchNext Match

         3. 49. Pension business: payments on account of tax credits and deducted tax.Previous MatchNext Match

         4. 50. Friendly societies.Previous MatchNext Match

      10. Building societiesPrevious MatchNext Match

          1. 51. Qualifying shares.Previous MatchNext Match

          2. 52. Marketable securities.Previous MatchNext Match

          3. 53. Income Tax (Building Societies) Regulations 1986.Previous MatchNext Match

      11. SecuritiesPrevious MatchNext Match

          1. 54. New issues.Previous MatchNext Match

          2. 55. Purchase and sale of securities: options.Previous MatchNext Match

          3. 56. Bondwashing.Previous MatchNext Match

          4. 57. Stock lending.Previous MatchNext Match

          5. 58. Manufactured dividends and interest.Previous MatchNext Match

      12. Capital allowancesPrevious MatchNext Match

          1. 59. Interaction with VAT capital goods scheme.Previous MatchNext Match

          2. 60. Toll roads.Previous MatchNext Match

          3. 61. Hiring motor cars.Previous MatchNext Match

      13. Oil industryPrevious MatchNext Match

          1. 62. Expenditure on and under abandonment guarantees.Previous MatchNext Match

          2. 63. Relief for reimbursement expenditure under abandonment guarantees.Previous MatchNext Match

          3. 64. Relief for expenditure incurred by a participator in meeting defaulter’s abandonment expenditure.Previous MatchNext Match

          4. 65. Reimbursement by defaulter in respect of certain abandonment expenditure.Previous MatchNext Match

          5. 66. Restriction on setting ACT against liability to corporation tax on profits from oil extraction activities etc.Previous MatchNext Match

          6. 67. Oil licences.Previous MatchNext Match

      14. MiscellaneousPrevious MatchNext Match

          1. 68. Gifts to educational establishments.Previous MatchNext Match

          2. 69. Expenses of entertainers.Previous MatchNext Match

          3. 70. Personal equity plans.Previous MatchNext Match

          4. 71. Donations to charity.Previous MatchNext Match

          5. 72. Deduction of trading losses.Previous MatchNext Match

          6. 73. Relief for company trading losses.Previous MatchNext Match

          7. 74. Trade unions and employers’ associations.Previous MatchNext Match

          8. 75. Audit powers in relation to non-residents.Previous MatchNext Match

          9. 76. Capital element in annuities.Previous MatchNext Match

          10. 77. Definition of “normal commercial loan”.Previous MatchNext Match

          11. 78. Sharing of transmission facilities.Previous MatchNext Match

          12. 79. Abolition of CRT: consequential amendment.Previous MatchNext Match

          13. 80. Interest on certain debentures.Previous MatchNext Match

          14. 81. Agents acting for non-residents.Previous MatchNext Match

          15. 82. Certificates of non-liability to tax.Previous MatchNext Match

   2. CHAPTER II CAPITAL GAINSPrevious MatchNext Match

      1. SettlementsPrevious MatchNext Match

         1. 83. Trustees ceasing to be resident in U.K.Previous MatchNext Match

         2. 84. Death of trustee: special rules.Previous MatchNext Match

         3. 85. Past trustees: liability for tax.Previous MatchNext Match

         4. 86. Trustees ceasing to be liable to U.K. tax.Previous MatchNext Match

         5. 87. Acquisition by dual resident trustees.Previous MatchNext Match

         6. 88. Disposal of settled interest.Previous MatchNext Match

         7. 89. Non-resident settlements where settlor has an interest.Previous MatchNext Match

         8. 90. Settlements: beneficiaries charged on capital payments.Previous MatchNext Match

         9. 91. Settlements: further provisions about beneficiaries.Previous MatchNext Match

         10. 92. Settlements with foreign element: miscellaneous.Previous MatchNext Match

      2. Private residencePrevious MatchNext Match

         1. 93. Meaning of permitted area.Previous MatchNext Match

         2. 94. Amount of relief.Previous MatchNext Match

      3. MiscellaneousPrevious MatchNext Match

         1. 95. Housing for Wales.Previous MatchNext Match

         2. 96. Scottish Homes.Previous MatchNext Match

         3. 97. Foreign assets: delayed remittances.Previous MatchNext Match

         4. 98. Corporate bonds.Previous MatchNext Match

         5. 99. Indexation.Previous MatchNext Match

         6. 100. Relief on certain business etc. disposals by persons over 55 or who retire under that age for ill health.Previous MatchNext Match

         7. 101. Amendments of rebasing provisions.Previous MatchNext Match

         8. 102. Traded options: closing purchases.Previous MatchNext Match

4. Part III OIL TAXATIONPrevious MatchNext Match

   1. Abandonment etc.Previous MatchNext Match

      1. 103. Allowance of certain expenditure relating to abandonment, decommissioning assets, etc.Previous MatchNext Match

      2. 104. Abandonment guarantees.Previous MatchNext Match

      3. 105. Restriction of expenditure relief by reference to payments under abandonment guarantees.Previous MatchNext Match

      4. 106. Relief for reimbursement expenditure under abandonment guarantees.Previous MatchNext Match

      5. 107. Allowance of expenditure of participator meeting defaulter’s field abandonment expenditure.Previous MatchNext Match

      6. 108. Reimbursement by defaulter in respect of certain abandonment expenditure.Previous MatchNext Match

   2. PenaltiesPrevious MatchNext Match

      1. 109. PRT: proceedings for penalties.Previous MatchNext Match

5. Part IV STAMP DUTY AND STAMP DUTY RESERVE TAXPrevious MatchNext Match

   1. 110. Stamp duty abolished in certain cases.Previous MatchNext Match

   2. 111. Stamp duty reduced in certain cases.Previous MatchNext Match

   3. 112. Apportionment of consideration for stamp duty purposes.Previous MatchNext Match

   4. 113. Certification of instruments for stamp duty purposes.Previous MatchNext Match

   5. 114. Acquisition under statute: exempt property.Previous MatchNext Match

   6. 115. Northern Ireland bank notes: duty abolished.Previous MatchNext Match

   7. 116. Investment exchanges, clearing houses and central securities depositories: stamp dutyPrevious MatchNext Match

   8. 117. Investment exchanges, clearing houses and central securities depositories: SDRTPrevious MatchNext Match

6. Part V MISCELLANEOUS AND GENERALPrevious MatchNext Match

   1. MiscellaneousPrevious MatchNext Match

      1. 118. Designated international organisations: miscellaneous exemptions.Previous MatchNext Match

      2. 119. Trading funds.Previous MatchNext Match

      3. 120. National savings: date of issue of repayment warrants etc.Previous MatchNext Match

      4. 121. Pools payments to support games etc.Previous MatchNext Match

   2. GeneralPrevious MatchNext Match

      1. 122. Interpretation etc.Previous MatchNext Match

      2. 123. Repeals.Previous MatchNext Match

      3. 124. Short title.Previous MatchNext Match

7. SCHEDULES

   1. SCHEDULE 1Previous MatchNext Match

      1. TABLE OF RATES OF DUTY ON WINE AND MADE-WINE Description...Previous MatchNext Match

   2. SCHEDULE 2Previous MatchNext Match

      AMENDMENTS RELATING TO BEER DUTYPrevious MatchNext Match

      1. General amendment of enactments relating to beerPrevious MatchNext Match

         1. 1. Subject to section 7 of this Act and the following...Previous MatchNext Match

      2. The Alcoholic Liquor Duties Act 1979 (c.4)Previous MatchNext Match

         1. 2. In section 1 of the Alcoholic Liquor Duties Act 1979,...Previous MatchNext Match

         2. 3. (1) In section 2 of that Act, in subsection (3A)...Previous MatchNext Match

         3. 4. In section 3 of that Act (meaning of, and method...Previous MatchNext Match

         4. 5. (1) Section 4(1) of that Act (definitions) shall be amended...Previous MatchNext Match

         5. 6. Sections 37, 38 and 39 of that Act (which make...Previous MatchNext Match

         6. 7. Section 40 of that Act (duty on imported beer etc)...Previous MatchNext Match

         7. 8. For section 41 of that Act (exemption from duty of...Previous MatchNext Match

         8. 9. In section 42 of that Act (drawback on exportation, removal...Previous MatchNext Match

         9. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         10. 11. In section 44 of that Act (remission or repayment of...Previous MatchNext Match

         11. 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         12. 13. For section 46 of that Act (remission or repayment of...Previous MatchNext Match

         13. 14. For section 49 of that Act (power to regulate manufacture...Previous MatchNext Match

         14. 15. (1) In section 49A of that Act, in subsection (1)...Previous MatchNext Match

         15. 16. Section 50 of that Act (regulations as respects sugar kept...Previous MatchNext Match

         16. 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         17. 18. Section 53 of that Act (limited licences to brew) shall...Previous MatchNext Match

         18. 19. Section 71A of that Act (restrictions on adding substances to...Previous MatchNext Match

         19. 20. Section 72 of that Act (offences by wholesaler or retailer...Previous MatchNext Match

      3. The Bankruptcy (Scotland) Act 1985 (c.66)Previous MatchNext Match

         1. 21. In Schedule 3 to the Bankruptcy (Scotland) Act 1985 (list...Previous MatchNext Match

      4. The Insolvency Act 1986 (c.45)Previous MatchNext Match

         1. 21A. In section 386(1) of the Insolvency Act 1986 (categories of...Previous MatchNext Match

         2. 22. In Schedule 6 to the Insolvency Act 1986 (categories of...Previous MatchNext Match

      5. The Insolvency (Northern Ireland) Order 1989Previous MatchNext Match

         1. 22A. In Article 346(1) of the Insolvency (Northern Ireland) Order 1989...Previous MatchNext Match

         2. 23. In Schedule 4 to the Insolvency (Northern Ireland) Order 1989...Previous MatchNext Match

      6. The Licensing (Northern Ireland) Order 1990Previous MatchNext Match

         1. 24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   3. SCHEDULE 3Previous MatchNext Match

      MODIFICATION OF ENACTMENTS EXTENDED TO NORTHERN IRELANDPrevious MatchNext Match

      1. Part I THE VEHICLES (EXCISE) ACT 1971Previous MatchNext Match

         1. IntroductionPrevious MatchNext Match

            1. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         2. Excise duty on, and licensing of, mechanically propelled vehiclesPrevious MatchNext Match

            1. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         3. Exemptions from dutyPrevious MatchNext Match

            1. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            2. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            3. 5. (1) In section 7 (miscellaneous exemptions from duty)— Previous MatchNext Match

         4. Liability to pay duty and consequences of non-paymentPrevious MatchNext Match

            1. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            2. 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            3. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            4. 9. (1) In section 18A (additional liability in relation to alteration...Previous MatchNext Match

            5. 10. (1) Section 18B (combined transport of goods) shall be amended...Previous MatchNext Match

         5. Registration and registration marks, etc.Previous MatchNext Match

            1. 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         6. MiscellaneousPrevious MatchNext Match

            1. 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            2. 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            3. 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            4. 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            5. 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            6. 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         7. SupplementaryPrevious MatchNext Match

            1. 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            2. 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         8. SchedulesPrevious MatchNext Match

            1. 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            2. 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            3. 22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

            4. 23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      2. SECTION 11 OF THE FINANCE ACT 1976Previous MatchNext Match

         1. 24. In section 11 of the Finance Act 1976, for subsection...Previous MatchNext Match

   4. SCHEDULE 4Previous MatchNext Match

      REGISTERED EXCISE DEALERS AND SHIPPERSPrevious MatchNext Match

   5. SCHEDULE 5Previous MatchNext Match

      PROTECTION OF THE REVENUES DERIVED FROM EXCISE DUTIESPrevious MatchNext Match

   6. SCHEDULE 6Previous MatchNext Match

      RESTRICTION OF HIGHER RATE RELIEF: BENEFICIAL LOANS ETCPrevious MatchNext Match

      1. Taxation of beneficial loan arrangementsPrevious MatchNext Match

         1. 1. (1) In section 160 of the Taxes Act 1988 (charge...Previous MatchNext Match

         2. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

         3. 3. (1) In Schedule 7 to that Act (taxation of benefit...Previous MatchNext Match

         4. 4. Paragraph 6 of that Schedule (meaning of “interest eligible for...Previous MatchNext Match

         5. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      2. Applicable rates of capital gains taxPrevious MatchNext Match

         1. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   7. SCHEDULE 7

      BASIC LIFE ASSURANCE AND GENERAL ANNUITY BUSINESS

      1. Management expenses

         1. 1. In section 76 of the Taxes Act 1988 (expenses of...

      2. Interpretation of Chapter I of Part XII

         1. 2. . . . . . . . . . ....Previous MatchNext Match

      3. Apportionment of income and gains

         1. 3. . . . . . . . . . ....Previous MatchNext Match

      4. Computation of trading profit

         1. 4. (1) In section 436 of that Act (general annuity business...

      5. Deduction for annuities referable to basic life assurance and general annuity business

         1. 5. . . . . . . . . . ....

      6. Transfer of assets between classes of business

         1. 6. . . . . . . . . . ....Previous MatchNext Match

      7. United Kingdom branches of overseas life assurance companies

         1. 7. (1) In section 446 of that Act (computation under section...Previous MatchNext Match

      8. Treatment of tax-free income

         1. 8. In section 474 of that Act, in subsection (1)(b) (certain...

      9. Life annuity contracts: taxation of gain on chargeable event

         1. 9. . . . . . . . . . ....

      10. Computation of offshore income gains

          1. 10. . . . . . . . . . ....Previous MatchNext Match

      11. Interpretation of sections 85 to 89 of Finance Act 1989

          1. 11. . . . . . . . . . ....

      12. Miscellaneous receipts

          1. 12. . . . . . . . . . ....

      13. Spreading of relief for acquisition expenses

          1. 13. (1) . . . . . . . . ....

      14. Deemed disposal of unit trusts etc

          1. 14. . . . . . . . . . ....Previous MatchNext Match

      15. Exemptions and exclusions from charges by virtue of section 46

          1. 15. . . . . . . . . . ....Previous MatchNext Match

      16. Transitional relief for old general annuity contractsPrevious MatchNext Match

          1. 16. (1) In the application of the I - E rules...Previous MatchNext Match

      17. Transitional provisions for chargeable gains and unrelieved general annuity losses

          1. 17. (1) An insurance company’s unrelieved general annuity losses shall be...

      18. Application of this Schedule

          1. 18. Paragraphs 1, 3, 4, 5, 6(1) and (2), 7, 8,...

   8. SCHEDULE 8Previous MatchNext Match

   9. SCHEDULE 9Previous MatchNext Match

      FRIENDLY SOCIETIESPrevious MatchNext Match

      1. Tax exempt life or endowment businessPrevious MatchNext Match

         1. 1. . . . . . . . . . ....Previous MatchNext Match

         2. 2. . . . . . . . . . ....Previous MatchNext Match

      2. Maximum benefits payable to membersPrevious MatchNext Match

         1. 3. (1) Section 464 of that Act (maximum benefits payable to...Previous MatchNext Match

      3. Qualifying policiesPrevious MatchNext Match

         1. 4. (1) In Schedule 15 to that Act (qualifying policies) in...Previous MatchNext Match

         2. 5. (1) This paragraph applies to any policy— Previous MatchNext Match

   10. SCHEDULE 10Previous MatchNext Match

       BUILDING SOCIETIES: QUALIFYING SHARESPrevious MatchNext Match

       1. Capital gains: exemptionPrevious MatchNext Match

          1. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       2. Accrued income scheme: inclusionPrevious MatchNext Match

          1. 2. (1) Section 710 of the Taxes Act 1988 (meaning of...Previous MatchNext Match

       3. Incidental costs of issuePrevious MatchNext Match

          1. 3. (1) The following section shall be inserted after section 477A...Previous MatchNext Match

       4. Preferential rights of acquisitionPrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   11. SCHEDULE 11Previous MatchNext Match

       BUILDING SOCIETIES: MARKETABLE SECURITIESPrevious MatchNext Match

       1. Deduction of income taxPrevious MatchNext Match

          1. 1. (1) Section 349 of the Taxes Act 1988 (annual interest...Previous MatchNext Match

          2. 2. (1) Section 477A of the Taxes Act 1988 (building societies:...Previous MatchNext Match

       2. CollectionPrevious MatchNext Match

          1. 3. (1) Schedule 16 to the Taxes Act 1988 (collection of...Previous MatchNext Match

          2. 4. (1) A building society may not make more than one...Previous MatchNext Match

       3. InformationPrevious MatchNext Match

          1. 5. (1) In section 18 of the Taxes Management Act 1970...Previous MatchNext Match

   12. SCHEDULE 12Previous MatchNext Match

       SECURITIES: NEW ISSUESPrevious MatchNext Match

       1. General treatment of extra returnPrevious MatchNext Match

          1. 1. The following section shall be inserted after section 587 of...Previous MatchNext Match

       2. Accrued income schemePrevious MatchNext Match

          1. 2. The following section shall be inserted after section 726 of...Previous MatchNext Match

       3. Deep discount securitiesPrevious MatchNext Match

          1. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       4. Deep gain securitiesPrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       5. GeneralPrevious MatchNext Match

          1. 5. This Schedule applies if the new securities are issued on...Previous MatchNext Match

   13. SCHEDULE 13Previous MatchNext Match

       MANUFACTURED DIVIDENDS AND INTERESTPrevious MatchNext Match

       1. The new arrangementsPrevious MatchNext Match

          1. 1. After Schedule 23 to the Taxes Act 1988 there shall...Previous MatchNext Match

       2. Power to obtain information in connection with dealings in securitiesPrevious MatchNext Match

          1. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       3. Manufactured dividends etc: amendments of section 737Previous MatchNext Match

          1. 3. (1) Section 737 of the Taxes Act 1988 (manufactured dividends:...Previous MatchNext Match

       4. Consequential provisionsPrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   14. SCHEDULE 14Previous MatchNext Match

       1. Part I INDUSTRIAL BUILDINGS AND STRUCTURESPrevious MatchNext Match

          1. Buildings and structures in enterprise zonesPrevious MatchNext Match

             1. 1. In section 1 of the Capital Allowances Act 1990 (enterprise...Previous MatchNext Match

          2. Transitional relief for regional projectsPrevious MatchNext Match

             1. 2. (1) In section 2 of that Act, in subsection (1)...Previous MatchNext Match

          3. Writing-down allowancesPrevious MatchNext Match

             1. 3. (1) In section 3 of that Act (writing-down allowances in...Previous MatchNext Match

          4. Balancing allowances and balancing chargesPrevious MatchNext Match

             1. 4. (1) In section 4 of that Act, in subsection (1)...Previous MatchNext Match

          5. Writing off of expenditure and meaning of “residue of expenditurePrevious MatchNext Match

             1. 5. (1) In section 8 of that Act, for subsection (2)...Previous MatchNext Match

       2. Part II MACHINERY AND PLANTPrevious MatchNext Match

          1. Transitional relief for regional projectsPrevious MatchNext Match

             1. 6. (1) In section 22 of that Act (first-year allowances: transitional...Previous MatchNext Match

          2. Writing-down allowances and balancing adjustmentsPrevious MatchNext Match

             1. 7. (1) In section 24 of that Act, after subsection (1)...Previous MatchNext Match

          3. The disposal valuePrevious MatchNext Match

             1. 8. (1) In section 26 of that Act (which defines the...Previous MatchNext Match

          4. Short-life assetsPrevious MatchNext Match

             1. 9. (1) In section 37 of that Act, after subsection (4)...Previous MatchNext Match

          5. FixturesPrevious MatchNext Match

             1. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          6. Further restrictions on allowancesPrevious MatchNext Match

             1. 11. (1) In section 75 of that Act (connected persons etc)...Previous MatchNext Match

       3. Part III SCIENTIFIC RESEARCHPrevious MatchNext Match

          1. Deduction for additional VAT liability on capital expenditurePrevious MatchNext Match

             1. 12. (1) In section 137 of that Act (deductions for capital...Previous MatchNext Match

          2. Charge in respect of additional VAT rebate on capital expenditurePrevious MatchNext Match

             1. 13. (1) In section 138 of that Act, after subsection (2)...Previous MatchNext Match

       4. Part IV SUPPLEMENTARY PROVISIONSPrevious MatchNext Match

          1. General provisions about additional VAT liabilities and rebatesPrevious MatchNext Match

             1. 14. In section 159 of that Act, in subsection (2) (time...Previous MatchNext Match

   15. SCHEDULE 15Previous MatchNext Match

       RELIEF FOR COMPANY TRADING LOSSESPrevious MatchNext Match

       1. The Taxes Management Act 1970 (c. 9)Previous MatchNext Match

          1. 1. (1) In section 86 of the Taxes Management Act 1970...Previous MatchNext Match

          2. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       2. The Income and Corporation Taxes Act 1988 (c. 1)Previous MatchNext Match

          1. 3. In section 114 of the Taxes Act 1988 (special rules...Previous MatchNext Match

          2. 4. In section 118 of that Act (restriction on relief: companies)—...Previous MatchNext Match

          3. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          4. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          5. 7. (1) In section 343 of that Act (company reconstructions without...Previous MatchNext Match

          6. 8. In section 393 of that Act (losses other than terminal...Previous MatchNext Match

          7. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          8. 10. In section 397(2) of that Act (which excludes certain losses...Previous MatchNext Match

          9. 11. In section 399 of that Act (dealings in commodity futures...Previous MatchNext Match

          10. 12. In section 400 of that Act (write-off of government investment)...Previous MatchNext Match

          11. 13. (1) In section 403 of that Act (losses etc which...Previous MatchNext Match

          12. 14. (1) In section 407 of that Act (relationship between group...Previous MatchNext Match

          13. 15. In section 434 of that Act (insurance companies: franked investment...Previous MatchNext Match

          14. 16. In section 458 of that Act (capital redemption business) in...Previous MatchNext Match

          15. 17. In section 492 of that Act (treatment of oil extraction...Previous MatchNext Match

          16. 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          17. 19. (1) In section 518 of that Act (harbour reorganisation schemes)...Previous MatchNext Match

          18. 20. (1) After section 768 of that Act (change in ownership:...Previous MatchNext Match

          19. 21. In section 808 of that Act (restriction on deduction of...Previous MatchNext Match

          20. 22. In section 825 of that Act, in subsection (4) (restrictions...Previous MatchNext Match

          21. 23. In section 826 of that Act (interest on tax overpaid)...Previous MatchNext Match

          22. 24. In section 843 of that Act (commencement) in subsection (4)...Previous MatchNext Match

          23. 25. In Schedule 5 to that Act (treatment of farm animals...Previous MatchNext Match

          24. 26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          25. 27. (1) In Schedule 30 to that Act (transitional provisions and...Previous MatchNext Match

       3. The Capital Allowances Act 1990 (c. 1)Previous MatchNext Match

          1. 28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   16. SCHEDULE 16Previous MatchNext Match

       1. Conditions for the chargePrevious MatchNext Match

          1. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       2. The chargePrevious MatchNext Match

          1. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       3. Construction of paragraph 1(1)(e)Previous MatchNext Match

          1. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       4. Test whether settlor has interestPrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       5. Exceptions to chargePrevious MatchNext Match

          1. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          2. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          3. 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       6. Right of recoveryPrevious MatchNext Match

          1. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       7. Meaning of “settlor”Previous MatchNext Match

          1. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       8. Meaning of “originating”Previous MatchNext Match

          1. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       9. Qualifying settlements, and commencementPrevious MatchNext Match

          1. 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       10. InformationPrevious MatchNext Match

           1. 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

           2. 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

           3. 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

           4. 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

           5. 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

           6. 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   17. SCHEDULE 17Previous MatchNext Match

       1. IntroductionPrevious MatchNext Match

          1. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       2. Qualifying amountsPrevious MatchNext Match

          1. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       3. Matching capital paymentsPrevious MatchNext Match

          1. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       4. Increased tax: the main rulePrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       5. More than one qualifying amountPrevious MatchNext Match

          1. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       6. Payment partly ignoredPrevious MatchNext Match

          1. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       7. Parts of amounts matchedPrevious MatchNext Match

          1. 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       8. Transfers between settlementsPrevious MatchNext Match

          1. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       9. Matching after transferPrevious MatchNext Match

          1. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   18. SCHEDULE 18Previous MatchNext Match

       1. Computation rulesPrevious MatchNext Match

          1. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       2. Dual-resident settlementsPrevious MatchNext Match

          1. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

          2. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       3. Payments by and to companiesPrevious MatchNext Match

          1. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       4. BeneficiariesPrevious MatchNext Match

          1. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

       5. Other amendmentsPrevious MatchNext Match

          1. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

   19. SCHEDULE 19Previous MatchNext Match

       REPEALSPrevious MatchNext Match

       1. Part I BETTING AND GAMING DUTIESPrevious MatchNext Match

       2. Part II BEER DUTYPrevious MatchNext Match

       3. Part III VEHICLES EXCISE DUTY: GENRALPrevious MatchNext Match

          1. 1. The repeals in section 4 of each of the Vehicles...Previous MatchNext Match

          2. 2. The repeals of section 7(4) of each of the 1971...Previous MatchNext Match

          3. 3. The repeals of section 38(4) of, and Schedule 6 to,...Previous MatchNext Match

          4. 4. The repeal in Schedule 2 to the Finance Act 1985,...Previous MatchNext Match

       4. Part IV VEHICLE EXCISE DUTY: NORTHERN IRELANDPrevious MatchNext Match

       5. Part V INCOME TAX AND CORPORATION TAXPrevious MatchNext Match

          1. 1. The repeal of section 78(4) of the Taxes Management Act...Previous MatchNext Match

          2. 2. The repeal in section 86 of the Taxes Management Act...Previous MatchNext Match

          3. 3. The repeals in sections 76, 432A, 436, 437, 446, 447,...Previous MatchNext Match

          4. 4. The following repeals have effect in relation to losses incurred...Previous MatchNext Match

          5. 5. The repeals of section 339A of the Income and Corporation...Previous MatchNext Match

          6. 6. The following repeals have effect for the year 1991-92 and...Previous MatchNext Match

          7. 7. The repeals in section 465 of, and Schedule 15 to,...Previous MatchNext Match

          8. 8. The repeal of section 590(5) and (6) of the Income...Previous MatchNext Match

          9. 9. The repeals of sections 737(4) and 738(2) of the Income...Previous MatchNext Match

          10. 10. The repeal of section 62(2) of the Finance Act 1989...Previous MatchNext Match

          11. 11. The repeals in sections 2(1), 3(3) and 26(1) of the...Previous MatchNext Match

          12. 12. The repeal of section 25(2)(h) of the Finance Act 1990...Previous MatchNext Match

       6. Part VI CAPITAL GAINSPrevious MatchNext Match

          1. 1. The repeals in sections 342 and 342A of the Income...Previous MatchNext Match

          2. 2. The repeals of section 80(2) of the Finance Act 1980...Previous MatchNext Match

          3. 3. The repeal in section 64 of the Finance Act 1984...Previous MatchNext Match

          4. 4. The remaining repeals (other than the repeal in Schedule 9...Previous MatchNext Match

       7. Part VII STAMP DUTYPrevious MatchNext Match

       8. Part VIII TRADING FUNDSPrevious MatchNext Match