There are currently no known outstanding effects for the Finance Act 1986, Section 74.
(1)The following provisions shall cease to have effect—
(a)section 55 of the M1Finance Act 1927 and section 4 of the M2Finance Act (Northern Ireland) 1928 (reconstructions and amalgamations);
(b)paragraph 12(1) and (1A) of Schedule 18 to the M3Finance Act 1980 (demergers);
(c)sections 78, 79 and 80 of the Finance Act 1985 (takeovers and winding-up).
(2)In paragraph 12(3) of Schedule 18 to the Finance Act 1980 for the words “sub-paragraph (2) above” there shall be substituted the words “this paragraph”.
(3)This section applies to any instrument executed in pursuance of a contract made on or after the day on which the rule of The Stock Exchange that prohibits a person from carrying on business as both a broker and a jobber is abolished.
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