# Finance Act 2001, Section 71: Creative artists: relief for fluctuating profits

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

(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The following provisions of the Taxes Act 1988 are repealed—
section 534 (relief for copyright payments etc.);
section 535 (relief where copyright sold after ten years or more);
section 537A (relief for payments in respect of designs);
section 538 (relief for painters, sculptors and other artists).
The repeals have effect in relation to payments actually receivable on or after 6th April 2001.
(4) Part 2 of Schedule 24 to this Act contains amendments consequential on the preceding provisions of this section.

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Source: https://www.legislation.gov.uk/ukpga/2001/9/section/71 (the official version)
Page: https://openlegislation.uk/finance-act-2001/section-71
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.