{
  "url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI/paragraph-3n1",
  "json_url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI/paragraph-3n1.json",
  "legislation": "ukpga/1997/16",
  "legislation_title": "Finance Act 1997",
  "legislation_url": "https://openlegislation.uk/finance-act-1997",
  "path": "schedule/18/part/VI/paragraph/3n1",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "The repeal of Schedule 8 to the Taxes Act 1988 does not affect the application of any of the provisions of paragraph 7 of that Schedule by any of—\n(a) section 360A(5) and (7) of that Act;\n(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(c) paragraph 16(4) and (6) of Schedule 5 to the Finance Act 1989.\n(4) Work-related training\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 200A(3)(b), the word “either” before sub-paragraph (i).\nThis repeal has effect in accordance with section 63(3) of this Act.\n(5) National Insurance contributions\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 617(3), the words “and (5)”.\nThis repeal has effect in accordance with section 65 of this Act.\n(6) Annuity business of insurance companies\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 76(2A)(b), sub-paragraph (iv) and the word “and” immediately preceding it.\nSection 434B(2).\nIn section 490(2), the words from “but if” onwards.\n1991 c. 31.\nThe Finance Act 1991.\nIn Schedule 7, paragraph 16(3) and (4).\n1995 c. 4.\nThe Finance Act 1995.\nIn Schedule 8, paragraph 21(1).\n1996 c. 8.\nThe Finance Act 1996.\nSection 165(3).\nThese repeals have effect in relation to accounting periods beginning after 5th March 1997.\n(7) Distributions treated as foreign income dividends\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 118G(5)(a), the words “or applied in defraying expenses of the trustees”. In section 231(1), the words “95(1)(b),”.\nIn section 481(4A), the words “or applied in defraying expenses of the trustees”.\nIn section 686(2), paragraph (d) and the word “and” immediately preceding it.\n1992 c. 12.\nThe Taxation of Chargeable Gains Act 1992.\nIn section 5(2)—\n(a) paragraph (c); and\n(b) in paragraph (d), the words “or applied as mentioned in paragraph (c) above”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 18 Pt. VI(3) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/16/schedule/18/part/VI/paragraph/3n1",
    "retrieved_at": "2026-10-29T09:27:43.076653+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}