OpenLegislation

Finance Act 1959

Eliz2/7-8 c. 58 · Enacted 29 July 1959 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 2 February 1991.

An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.

[29th July 1959]E1I1

Annotations to the whole text

Commencement

I1

Act partly in force at Royal Assent, partly retrospective, see individual sections; all provisions so far as unrepealed wholly in force at 1.2.1991.

Extent

E1

For the application of this Act to Northern Ireland see s. 37(4)

Contents

  1. Part I: Customs and Excise
  2. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  3. 2Liquor licences: alteration of amounts of duty.
  4. 3Section 3
  5. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  6. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  7. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  8. 7, 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  9. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  10. 10.–14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  11. Part s II, III
  12. 15, 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  13. 17–29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  14. Part IV: Stamp Duties
  15. 30Stamp duty on policies of insurance.
  16. 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  17. 32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  18. Part V: Miscellaneous
  19. 33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  20. 34, 35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  21. 36. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  22. 37Short title, construction, extent and repeal.
  23. Schedule S 1.Schedule S 1.
  24. Schedule 2.
  25. 1&2Paragraph 1&2 Repealed
  27. 3&4Paragraph 3&4 Repealed
  29. 5Paragraph 5 Repealed
  31. 6&7Paragraph 6&7 Repealed
  32. Schedule 3.Schedule 3.
  33. Schedule S 4–7.Schedule S 4–7.
  34. Schedule 8.Enactments Repealed

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

2Liquor licences: alteration of amounts of duty.

(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

2)–(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

3

(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

2)–(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

(6)

In consequence of the repeal of the Fourth Schedule to the M1Customs and Excise Act 1952, the enactments mentioned in the Second Schedule to this Act (which contain references to the said Fourth Schedule) shall have effect subject to the modifications contained in the said Second Schedule.

4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

7, 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

10.–14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

15, 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

17–29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

30Stamp duty on policies of insurance.

1)—(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

a), (b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F5

(6)

Notwithstanding the repeal of section ninety-three of the M1Stamp Act 1891 a contract for such insurance as is mentioned in section five hundred and six of the M2Merchant Shipping Act 1894 shall continue to be admissible in evidence although not embodied in a marine policy as required by section twenty-two of the M3Marine Insurance Act 1906.

(7)

This section shall apply in relation to instruments made or executed after the beginning of August, nineteen hundred and fifty-nine.

31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

34, 35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

36. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

37Short title, construction, extent and repeal.

(1)

This Act may be cited as the Finance Act 1959.

(2)

Parts I to IV of this Act shall be construed as one with the enactments mentioned in this subsection respectively, that is to say—

a)—(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(d)

Part IV with the Stamp Act 1891.

(3)

Any reference in this Act to any other enactment shall, except so far as the context otherwise requires, be construed as a reference to that enactment as amended or applied by or under any other enactment including this Act.

(4)

Such of the provisions of this Act as relate to matters in respect of which the Parliament of Northern Ireland has power to make laws shall not extend to Northern Ireland.

(5)

The enactments specified in the Eighth Schedule to this Act are hereby repealed to the extent mentioned in the third column of that Schedule, and, except as otherwise provided in that column, the said repeals shall have effect—

(a)

in the case of the enactments specified in Part I of that Schedule, as from the eighth day of April, nineteen hundred and fifty-nine;

(b)

in the case of the enactments specified in Part II thereof, in relation to instruments made or executed after the beginning of August, nineteen hundred and fifty-nine;

(c)

in the case of the enactments specified in Part III thereof, in relation to any yearly period beginning after the fifth day of April, nineteen hundred and fifty-nine; and

(d)

in the case of the enactments specified in Part IV thereof, in relation to persons dying after the seventh day of April, nineteen hundred and fifty-nine.

Schedule S 1.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1&2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

3&4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

6&7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

Schedule 3.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule S 4–7.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule 8.Enactments RepealedC1