(1)The enactments mentioned in Schedule 42 to this Act (which include provisions that are spent or of no practical utility) are repealed to the extent specified.
(2)The repeals specified in that Schedule have effect subject to the commencement provisions and savings contained or referred to in the notes set out in that Schedule.
In this Act “the Taxes Act 1988” means the Income and Corporation Taxes Act 1988 (c. 1).
This Act may be cited as the Finance Act 2004.