Point in time view as at 01/10/2021.
There are currently no known outstanding effects for the Finance Act 2020, Paragraph 5.
5(1)The Treasury may by regulations—U.K.
(a)repeal section 59FB of TMA 1970,
(b)repeal Schedule 3ZC to TMA 1970, and
(c)amend Schedule 56 to FA 2009 in consequence of those repeals.
(2)Regulations under this paragraph may contain savings and transitional provisions.
(3)Regulations under this paragraph are to be made by statutory instrument.
(4)A statutory instrument containing regulations under this paragraph is subject to annulment in pursuance of a resolution of the House of Commons.
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