Textual Amendments
F1Ss. 18–56 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s.844 and Sch. 31. See 1987 edition for these provisions. And see Finance Act 1988 (c. 39, SIF 63:1, 2) s.89 for amendment to s.47(1)(b) (savings related share option schemes) from 26 October 1987.
(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2
(2)The M1Friendly Societies Act (Northern Ireland) 1970 and the M2Friendly Societies Act 1974 shall be amended as follows—
[F3(a)in section 1(3A) of the said Act of 1970 and in section 7(3A) of the said Act of 1974 (registration of societies) for “£1,000” and “£208” there shall be substituted respectively “ £2,000 ” and “ £416 ”; and]
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2
(3)(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4
Textual Amendments
F2S. 57(1)(2)(b) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
F3S. 57(2)(a) repealed by Finance Act 1985 (c. 54), s. 98(6) and Sch. 27 Part V with respect to policies issued in respect of insurances made on or after 19 March 1985 or made before that date and varied on or after it.
F4S. 57(3)(4) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31
Marginal Citations
Textual Amendments
F5S. 58 repealed by Finance Act 1984 (c. 43), s. 128(6) and Sch. 23 Part V
Textual Amendments
F6Ss. 59, 60 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F7
F8(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)In paragraph 3 in the second column of the Table in section 86(4) of the Taxes Management Act 1970 (reckonable date for interest on unpaid tax) for the words “The 1st January following the end of the year of assessment” there shall be substituted the words “ The 1st June following the 1st December mentioned in section 4(3) of the principal Act ”and in paragraph 4 in the second column of that Table for the words “The 1st January following the end of the year of assessment” there shall be substituted the words “ The 1st June following the 1st December mentioned in section 7 of the Capital Gains Tax Act 1979. ”
(4)In F9. . .paragraph 6(2) of Schedule 16 to the Finance Act 1972 (liability for tax on apportioned income) for the words “6th July” there shall be substituted the words “ 1st December ”.
(5)This section has effect in relation to tax for the year 1980-81 and subsequent years of assessment.
Textual Amendments
F7S. 61(1) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
F8S. 61(2) repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), s. 290, Sch. 12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 22, 26(2), 27).
F9Words in s. 61(4) repealed (29.4.1996 with effect as mentioned in Sch. 18 para. 17 of the repealing Act) by 1996 c. 8, s. 205, Sch. 41 Pt. V Group 8
Modifications etc. (not altering text)
C1Part of the text of s. 61(3) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991
(1)In the provisions mentioned in subsection (2) below (remission of interest on unpaid tax where the amount of interest does not exceed £10) for “£10” there shall be substituted “ £30 ”.
(2)The provisions referred to above are—
(a)section 86(6) of the Taxes Management Act 1970 (income tax, corporation tax and capital gains tax);
(b)section 87(4) of that Act (advance corporation tax and income tax on company payments); and
(c)section 87(3) of that Act as originally enacted (income tax on company distributions).
(3)This section has effect in relation to interest on tax charged by assessments notice of which is issued after the passing of this Act.]
Textual Amendments
F10S. 62 repealed by Finance Act 1989 (c. 26), s. 187 and Sch.17 Part VIII from a day to be appointed— see Finance Act 1989 (c. 26), s. 158
Textual Amendments
F11S. 63 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
Textual Amendments
F12Ss. 64–69 repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2.
(1)(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F13
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F14
(4)–(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F15
Textual Amendments
F13S. 70(1)(2) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
F14S. 70(3) repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2.
F15S. 70(4)–(6) repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31.
Textual Amendments
F16Ss. 71–76 repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2.
Textual Amendments
Textual Amendments
Textual Amendments
Textual Amendments
Textual Amendments
Textual Amendments
F22S. 82 repealed by Finance Act 1984 (c. 43), s. 128(6) and Sch. 23 Part VIII for disposals on or after 6 April 1984 and expressed to be repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), s. 290, Sch.12 (with ss. 60, 101(1), 201(3), Sch. 11 paras. 22, 26(2), 27).
Textual Amendments