Finance (No. 2) Act 1992

Part VII Income tax and corporation tax

(1) Married couple’s allowance etc.

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with paragraph 10 of Schedule 5 to this Act.
1988 c. 1.	The Income and Corporation Taxes Act 1988.	In section 265(4), the words from “(and” onwards.
1989 c. 26.	The Finance Act 1989.	In section 33(10), the reference to section 257B(2) of the Taxes Act 1988.
		In section 57(4), the reference to section 257B(2) of the Taxes Act 1988.
1991 c. 31.	The Finance Act 1991.	In section 33(4), the reference to section 257B(2) of the Taxes Act 1988.

(2) Charities: powers of inspection

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with section 28 of this Act.
1970 c. 9.	The Taxes Management Act 1970.	In the Table in section 98, the words “Section 94(1) of the Finance Act 1990”.
1990 c. 29.	The Finance Act 1990.	Section 94.

(3) Returns of Interest

Chapter	Short title	Extent of repeal
This repeal has effect in accordance with section 29 of this Act.
1970 c. 9.	The Taxes Management Act 1970.	In section 17, in subsection (4) the words from “and if a person” to the end of the subsection.

(4) Distributions

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with section 32 of this Act.
1988 c. 1.	The Income and Corporation Taxes Act 1988.	Section 234(3) and (4).
1989 c. 26.	The Finance Act 1989.	Section 170(2).

(5) Deep gain securities

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with Schedule 7 to this Act.
1990 c. 29.	The Finance Act 1990.	Section 57.
		In section 58(6), paragraph (b) and the word “and” immediately preceding it.

(6) Transfers of trade

Chapter	Short title	Extent of repeal
This repeal has effect in accordance with section 49 of this Act.
1988 c. 39.	The Finance Act 1988.	In Schedule 11, in paragraph 5 the word “intra-group”.

(7) Oil extraction

Chapter	Short title	Extent of repeal
This repeal has effect in accordance with section 55(2) of this Act.
1988 c. 1.	The Income and Corporation Taxes Act 1988.	In section 502(1), in the definition of “oil extraction activities”, in paragraph (c) the words “as far as dry land in the United Kingdom”.

(8) Paying and collecting agents etc.

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with paragraph 6 of Schedule 11 to this Act.
1970 c. 9.	The Taxes Management Act 1970.	In section 86(4), paragraph 2 of the Table.
1988 c. 1.	The Income and Corporation Taxes Act 1988.	In section 123(3), the words from “and income tax” to the end.
		In Schedule 3, paragraphs 6(2) and 7 to 10, in paragraph 13(1) the words “Without prejudice to the generality of paragraph 7 above” and paragraph 15(2).

(9) Enterprise zones

Chapter	Short title	Extent of repeal
These repeals have effect in accordance with paragraph 14 of Schedule 13 to this Act.
1990 c. 1.	The Capital Allowances Act 1990.	In section 1(10), the words from “and, except for that purpose” to the end of the subsection.
		Section 6(5).