Search Legislation

Finance Act 1963

 Help about what version

What Version

 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally enacted).

68Abolition of land tax

(1)All properties which remained chargeable to land tax until the end of the land tax year 1962-63 shall be exonerated from land tax after the end of that year.

(2)As respects land tax for the land tax year 1962-63 and for earlier years, and all other matters—

(a)the functions of the Land Tax Commissioners shall be transferred to the Commissioners for the general purposes of the income tax for the respective divisions in which the properties are situated,

(b)the functions of collectors of land tax shall be transferred to the collectors of taxes ;

and the offices of Land Tax Commissioner, clerk to Land Tax Commissioners and collector of land tax shall be abolished. This subsection shall come into force on the 1st October 1963.

(3)This section shall not affect any compulsory redemption of land tax under section 39 of the Finance Act 1949 where the date on which the property became liable to redemption was a date falling on or before the 24th March 1963.

(4)In this section " land tax year" means a period of twelve months ending with the 24th March.

Back to top

Options/Help