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Changes over time for: Cross Heading: Commencement
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Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 24/07/2002.
Changes to legislation:
There are currently no known outstanding effects for the Finance Act 1998, Cross Heading: Commencement.
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Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
CommencementU.K.
3(1)The amendments made by this Schedule shall have effect in accordance with provision made by the Treasury by an order (or orders) made by statutory instrument.U.K.
(2)Different provision may be made—
(a)for different amendments;
(b)for different purposes of the same amendment.
(3)In particular, provision may be made for the Debt Management Account to begin operating at different times with regard to different objects (as set out in paragraph 1(2) of Schedule 5A to the National Loans Act 1968).
(4)Any order may include such supplementary, incidental, consequential, transitional or saving provisions as appear to the Treasury to be necessary or expedient.
(5)In particular, any order may—
(a)provide that any liability of the National Debt Commissioners to the National Loans Fund arising for the purposes of accountancy practice by virtue of section 211 of the Finance Act 1993 shall be treated as discharged in circumstances prescribed by the order;
(b)confer power to acquire, hold or transfer securities issued under section 12 of the National Loans Act 1968 or Treasury bills issued under the Treasury Bills Act 1877;
(c)impose on the National Debt Commissioners a duty to transfer securities issued under section 12 of the National Loans Act 1968 at such price as the Treasury may determine;
(d)confer power to advance sums from the National Loans Fund.
Subordinate Legislation Made
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