SCHEDULES
SCHEDULE 7CT payment plans for tax on certain transactions with EEA residents
Power of repeal
5
1
The Treasury may by regulations—
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.