Section 68 Abolition of enactments relating to exchange control.
United Kingdom
(1)
The M1Exchange Control Act 1947 shall cease to have effect.
(2)
Nothing in subsection (1) above affects the power of the Treasury to issue a certificate under subsection (2) of section 18 of that Act (including that subsection as applied by section 28(3) or section 29(3) of that Act) with respect to acts done before 13th December 1979.
(3)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)
Subsections (1) and (2) above extend to the Channel Islands and the Isle of Man.
Annotations
Textual amendments
- F1
S. 68(3) repealed (6.3.1992 with effect as mentioned in s. 289(1) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with Sch. 11 paras. 22, 26(2), 27)
Marginal citations
- M1