{
  "url": "https://openlegislation.uk/finance-act-1940",
  "json_url": "https://openlegislation.uk/finance-act-1940.json",
  "id": "ukpga/Geo6/3-4/29",
  "title": "Finance Act 1940",
  "long_title": "An Act to grant certain duties of Customs and Inland Revenue (including Excise), to alter other duties, and to amend the law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with Finance.",
  "citation": "Geo6/3-4 c. 29",
  "type": "ukpga",
  "year": "Geo6/3-4",
  "number": "29",
  "version": "current",
  "date": "1940-06-27",
  "revised": true,
  "valid_from": "1991-02-02",
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/finance-act-1940/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "part/I",
      "kind": "part",
      "number": "I",
      "heading": null,
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/1",
      "kind": "section",
      "number": "1",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-1",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/2",
      "kind": "section",
      "number": "2",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-2",
      "extent": null,
      "status": "repealed",
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    },
    {
      "path": "section/3",
      "kind": "section",
      "number": "3",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-3",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/4",
      "kind": "section",
      "number": "4",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-4",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/5",
      "kind": "section",
      "number": "5",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-5",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/6",
      "kind": "section",
      "number": "6",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-6",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/7",
      "kind": "section",
      "number": "7",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-7",
      "extent": null,
      "status": "repealed",
      "parent": "part/I"
    },
    {
      "path": "section/8",
      "kind": "section",
      "number": "8",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-8",
      "extent": null,
      "status": "repealed",
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    },
    {
      "path": "section/9",
      "kind": "section",
      "number": "9",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-9",
      "extent": null,
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    },
    {
      "path": "section/10",
      "kind": "section",
      "number": "10",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-10",
      "extent": null,
      "status": "repealed",
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    },
    {
      "path": "part/II.",
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      "number": "II.",
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      "url": null,
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    },
    {
      "path": "section/1125.",
      "kind": "section",
      "number": "11",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-1125.",
      "extent": null,
      "status": "repealed",
      "parent": "part/II."
    },
    {
      "path": "part/III.",
      "kind": "part",
      "number": "III.",
      "heading": "Excess Profits Tax and National Defence Contribution.",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/26",
      "kind": "section",
      "number": "26",
      "heading": "Raising of rate of excess profits tax",
      "url": "https://openlegislation.uk/finance-act-1940/section-26",
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/27",
      "kind": "section",
      "number": "27",
      "heading": "Provisions to replace s. 13(7) of Finance (No. 2) Act, 1939.",
      "url": "https://openlegislation.uk/finance-act-1940/section-27",
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/28",
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      "number": "28",
      "heading": "New provisions as to interconnected companies.",
      "url": "https://openlegislation.uk/finance-act-1940/section-28",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/29",
      "kind": "section",
      "number": "29",
      "heading": "Investments held by members of groups of bodies corporate.",
      "url": "https://openlegislation.uk/finance-act-1940/section-29",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/30",
      "kind": "section",
      "number": "30",
      "heading": "Relief in respect of excess profits tax in dominions, &c",
      "url": "https://openlegislation.uk/finance-act-1940/section-30",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/31",
      "kind": "section",
      "number": "31",
      "heading": "Miscellaneous amendments as to standard profits.",
      "url": "https://openlegislation.uk/finance-act-1940/section-31",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/32",
      "kind": "section",
      "number": "32",
      "heading": "Disallowance, in computing profits, of certain expenses.",
      "url": "https://openlegislation.uk/finance-act-1940/section-32",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/33",
      "kind": "section",
      "number": "33",
      "heading": "Miscellaneous amendments as to computation of profits for excess profits tax.",
      "url": "https://openlegislation.uk/finance-act-1940/section-33",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/34",
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      "number": "34",
      "heading": "Miscellaneous amendments as to computation of capital.",
      "url": "https://openlegislation.uk/finance-act-1940/section-34",
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/35",
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      "number": "35",
      "heading": "Computation of profits and capital in the case of trades and businesses not falling within Case I of Schedule D.",
      "url": "https://openlegislation.uk/finance-act-1940/section-35",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/36",
      "kind": "section",
      "number": "36",
      "heading": "Provisions as to computation losses.",
      "url": "https://openlegislation.uk/finance-act-1940/section-36",
      "extent": null,
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      "parent": "part/III."
    },
    {
      "path": "section/37",
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      "heading": "Amendments as to deficiencies of profits.",
      "url": "https://openlegislation.uk/finance-act-1940/section-37",
      "extent": null,
      "status": null,
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    },
    {
      "path": "section/38",
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      "number": "38",
      "heading": "Successions and amalgamations.",
      "url": "https://openlegislation.uk/finance-act-1940/section-38",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/39",
      "kind": "section",
      "number": "39",
      "heading": "Amendments as to relation of excess profits tax to national defence contribution.",
      "url": "https://openlegislation.uk/finance-act-1940/section-39",
      "extent": null,
      "status": null,
      "parent": "part/III."
    },
    {
      "path": "section/40",
      "kind": "section",
      "number": "40",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-40",
      "extent": null,
      "status": "repealed",
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    },
    {
      "path": "section/41",
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      "number": "41",
      "heading": "Definition of ordinary share capital.",
      "url": "https://openlegislation.uk/finance-act-1940/section-41",
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    {
      "path": "section/42",
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      "number": "42",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-42",
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    },
    {
      "path": "part/IV",
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    },
    {
      "path": "section/4359.",
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      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-4359.",
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    {
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      "heading": "Miscellaneous",
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    },
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      "path": "section/60",
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      "number": "60",
      "heading": "Extension of power of Treasury to attach exemptions from taxation to securities.",
      "url": "https://openlegislation.uk/finance-act-1940/section-60",
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    {
      "path": "section/61",
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      "number": "61",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-61",
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    {
      "path": "section/62",
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      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-62",
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      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-63",
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    {
      "path": "section/64",
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      "number": "64",
      "heading": ". . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
      "url": "https://openlegislation.uk/finance-act-1940/section-64",
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    {
      "path": "section/65",
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      "number": "65",
      "heading": "Short title, construction, extent and repeal.",
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      "heading": "Provisions as to Excess Profits Tax and National Defence Contribution in the case of Interconnected Companies",
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      "path": "schedule/5/part/I",
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      "path": "schedule/5/part/II",
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      "heading": "The group standard period and the group standard profits",
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      "heading": "Ascertainment of standard profits of members and ascertainment of excesses and deficiencies of profits",
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