
Print Options
PrintThe Whole
Act
PrintThe Whole
Schedule
PrintThis
Part
only
Changes over time for: Part 3


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.
Version Superseded: 01/04/2009
Status:
Point in time view as at 01/11/2001.
Changes to legislation:
There are currently no known outstanding effects for the Finance Act 2001, Part 3.

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.
Part 3U.K. APPEALS
14(1)This paragraph applies if—U.K.
(a)a person (the appellant) appeals to a tribunal under section 16 of the Finance Act 1994 (c. 9) in relation to an assessment to excise duty,
(b)the appellant pays, or gives cash security for, the whole or any part of that duty, and
(c)the tribunal finds that the whole or any part of the amount paid or secured is not due.
(2)The Commissioners must repay to the appellant an amount equal to—
(a)so much of the duty paid as is found not to be due, or
(b)so much of the cash security as relates to the duty found not to be due.
(3)The Commissioners must pay interest to the appellant on the amount referred to in sub-paragraph (2) for the period which—
(a)starts with the day when the duty is paid or the cash security is given, and
(b)ends with the day when the Commissioners authorise the repayment.
(4)The rate of interest is—
(a)such rate as the tribunal determines, or
(b)if it does not determine a rate, the rate applicable under section 197 of the Finance Act 1996.
(5)In this paragraph “cash security” means such adequate security as enables the Commissioners to place the amount in question on deposit.
Back to top