# Finance Act 1993, Paragraph 1

Extent: E+W+S+N.I.

In each of sections 167(2A), . . ., . . . and 819(2) of the Taxes Act 1988 (definitions of excess liability), and in the definition of “excess liability” in paragraph 19(1) of Schedule 7 to that Act, for “were charged at the basic rate” there shall be substituted “ by virtue of section 1(2)(aa) were charged at the basic rate, or (so far as applicable in accordance with section 207A) the lower rate, ”.

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Source: https://www.legislation.gov.uk/ukpga/1993/34/schedule/6/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1993/schedule-6/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.