Introductory text

INCOME TAX

Made 14th March 1994

Laid before the House of Commons 14th March 1994

Coming into force 5th April 1994

The Commissioners of Inland Revenue, in exercise of the powers conferred on them by section 451(1) and (1A) of and paragraph 1(1) and (3) of Schedule 19A to the Income and Corporation Taxes Act 1988^f1, section 92(5), (6) and (7) of the Finance Act 1989^f2and section 209(2), (4), (5) and (6) of the Taxation of Chargeable Gains Act 1992^f3, hereby make the following Regulations:

Annotations

Footnotes

f1: 1988 c. 1. Section 451(1) was amended by section 61(1)(b) of the Finance Act 1988 (c. 39), and section 451(1A) was inserted by section 61(1)(c) of that Act and amended by section 92(1) of the Finance Act 1989 (c. 26). Schedule 19A was inserted by section 58(4) of the Finance Act 1988 and amended by sections 149(4)(a)(iii) and (6), 170(5), 179(1)(b)(iii) and 187(1) of, and Parts VIII and X of Schedule 17 to, the Finance Act 1989, by section 173(2) of the Finance Act 1993 (c. 34), and by S.I. 1990/2524. Section 451 and Schedule 19A were repealed by Part III(12) of Schedule 23 to the Finance Act 1993 with effect for the year 1992!93 and subsequent years of assessment.
f2: 1989 c. 26. Subsections (5) to (7) f section 92 were repealed by Part III(12) of Schedule 23 to the Finance Act 1993 with effect for the year 1992!93 and subsequent years of assessment.
f3: 1992 c. 12. Subsection (6) of section 209 was amended by section 183(8)(b) of the Finance Act 1993; section 209 was repealed by Part III(12) of Schedule 23 to the Finance Act 1993 with effect for the year 1992!93 and subsequent years of assessment in the cases of all subsections other than subsections (1), (2) and (6), and with effect for the year 1994!95 and subsequent years of assessment in the cases of those subsections.