Finance Act 2007

Part 6 U.K. Miscellaneous

(1) VAT: non-business use etc of business goods

These repeals have effect in accordance with section 99 of this Act.
Short title and chapter	Extent of repeal
Value Added Tax Act 1994 (c. 23)	In Schedule 4, paragraph 5(4A).
Finance Act 2003 (c. 14)	Section 22.

(2) VAT: transfers of going concerns

This repeal has effect in accordance with section 100 of this Act.
Short title and chapter	Extent of repeal
Value Added Tax Act 1994 (c. 23)	In section 49(1), paragraph (b) (together with the word “and” before it).

(3) Repeals connected with Gambling Act 2005

These repeals have effect in accordance with Schedule 25 to this Act.
Short title and chapter	Extent of repeal
Finance Act 1966 (c. 18)	In Schedule 3, paragraph 6.
Betting and Gaming Duties Act 1981 (c. 63)	In section 3(1), paragraph (b) (together with the word “and” before it). In section 5C(5), paragraph (b) (together with the word “or” before it). In section 12(4)— (a) in the definition of “betting office licence”, paragraph (a) (together with the word “and” following it), (b) in the definition of “bookmaker's permit”, paragraph (a) (together with the word “and” following it), and (c) the definitions of “meeting”, “totalisator” and “track”. In section 20A(1), paragraph (a) (together with the word “or” following it). In Schedule 1— (a) paragraph 7, and (b) in paragraph 15, in sub-paragraph (2), the words “in England or Wales or Northern Ireland”, sub-paragraphs (3) to (4A), and in sub-paragraph (5), the words “in Northern Ireland”.
Finance Act 1986 (c. 41)	In Schedule 4— (a) paragraph 4(b), and (b) in paragraph 11, in sub-paragraph (1), the words from “in paragraph 7” to the end, and sub-paragraph (2)(a) and (b).
Finance Act 1993 (c. 34)	In section 24(4)— (a) in paragraph (a), the words “the Lotteries and Amusements Act 1976 or”, (b) in paragraph (b), the words “Act or”, (c) in paragraph (c), the words “Act or” and “section 5(3) of that Act or”, and (d) paragraph (d).
Finance Act 1997 (c. 16)	In section 10(3)— (a) paragraph (c), and (b) in paragraph (d), the words “section 41 of that Act or”.
Access to Justice Act 1999 (c. 22)	In Schedule 13, paragraph 120.
Finance Act 2002 (c. 23)	Section 13. In Schedule 4, paragraph 10(14).
Finance Act 2003 (c. 14)	Section 9(4).
Courts Act 2003 (c. 39)	In Schedule 8, paragraph 266.
Income Tax Act 2007 (c. 3)	In Schedule 1, in paragraph 94(2)(e), sub-paragraph (iii) (together with the word “and” before it).

(4) Disclosure of Tax Avoidance Schemes

Short title and chapter	Extent of repeal
Taxes Management Act 1970 (c. 9)	In section 98C(2), the word “or” at the end of paragraph (c).

(5) Meaning of “recognised stock exchange” etc

Short title and chapter	Extent of repeal
Income and Corporation Taxes Act 1988 (c. 1)	In Schedule 20, in paragraph 5, the words “, or which are dealt in on the Unlisted Securities Market”.
Taxation of Chargeable Gains Act 1992 (c. 12)	In section 130(1)(a), the words “in the United Kingdom or elsewhere”. In section 146(4)(b), the words “in the United Kingdom or elsewhere”. Section 285.
Finance Act 1996 (c. 8)	In Schedule 38, paragraphs 7 and 12(1).
Financial Services and Markets Act 2000 (c. 8)	In Schedule 20, paragraph 4(6).
Income Tax (Trading and Other Income) Act 2005 (c. 5)	Section 443(2)(g). In section 460(3), the words “or 451”.
Income Tax Act 2007 (c. 3)	In section 295(3)(c), the words “on the Unlisted Securities Market or dealt in”. Section 1010. In Schedule 1, paragraph 227.