OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

Part VIII(21) of Schedule 29 to the Finance Act 1995 (“the 1995 Act”) makes a number of repeals of provisions of the Income and Corporation Taxes Act 1988 (“the Taxes Act”) relating to the tax treatment of sub-contractors in the construction industry. The repeals have effect on or after such day as the Treasury may by order made under section 139(3) of the 1995 Act appoint, and different days may be appointed for different purposes.

This Order brings into force on 6th August 1999 those repeals in Part VIII(21) of Schedule 29 to the 1995 Act which are not already in force.