Part 2Income tax, corporation tax and capital gains tax

Chapter 3Authorised investment funds etc

19Section 17: commencement and procedure

1

Section 17(1) shall come into force on such day as the Treasury may appoint by order.

2

An order under subsection (1) may—

a

commence only a specified repeal;

b

commence different repeals at different times;

c

commence a repeal at different times for different purposes;

d

include savings.

3

Regulations under section 17(3) shall be subject to annulment by a resolution of the House of Commons.

4

But the first set of regulations under section 17(3) may not be made unless a draft has been laid before and approved by resolution of the House of Commons.