Section 77 Cars with low carbon dioxide emissions

United Kingdom

(1)

Section 45D of CAA 2001 (expenditure on cars with low carbon dioxide emissions) is amended as follows.

F1(2)

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F2(3)

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(4)

In consequence of the amendment made by subsection (2)—

F3(a)

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F4(b)

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(5)

The amendment made by subsection (3) has effect in relation to expenditure incurred on or after 1 April 2008.

(6)

But in relation to expenditure incurred on the hiring of a car—

(a)

for a period of hire which begins on or before 31 March 2008, and

(b)

under a contract entered into on or before 31 March 2008,

F5section 50 of ITTOIA 2005 applies on and after 1 April 2008 as if the amendment made by subsection (3) did not have effect.

Annotations

F1: S. 77(2) omitted (17.7.2013) by virtue of Finance Act 2013 (c. 29), s. 68(4)(a)
F2: S. 77(3) omitted (17.7.2013) (with effect in accordance with s. 68(5)(7)(8) of the amending Act) by virtue of Finance Act 2013 (c. 29), s. 68(4)(b)
F3: S. 77(4)(a) and word repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)
F4: S. 77(4)(b) omitted (with effect in accordance with Sch. 11 paras. 65-67 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 64(a)
F5: Words in s. 77(6) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 731 (with Sch. 2 Pts. 1, 2)