Introductory text

This draft replaces that laid on 15th October 2009 and is being issued free of charge to all known recipients of that draft Statutory Instrument.

Draft Regulations laid before the House of Commons under section 397BA(8) of the Income Tax (Trading and Other Income) Act 2005, for approval by resolution of the House of Commons.

Income Tax

Made 2009

Coming into force 2009

The Treasury make the following Regulations in exercise of the powers conferred by sections 397BA(3)(b) and (7)^f1 of the Income Tax (Trading and Other Income) Act 2005^f2.

In accordance with section 397BA(8) of that Act, a draft of this instrument was laid before the House of Commons and approved by a resolution of that House.

Annotations

Footnotes

f1: Section 397BA was inserted by section 40 and paragraphs 1 and 5 as read with paragraph 14, of Schedule 19 to the Finance Act 2009 (c. 10).
f2: 2005 c. 5.