Introductory text

corporation tax

oil tax

Made 16th May 2007

Laid before the House of Commons 17th May 2007

Coming into force 8th June 2007

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 61(8) of, and paragraph 1(1) of Schedule 10 to, the Finance Act 1987^f1, and now exercisable by them^f2.

Annotations

Footnotes

f1: 1987 c.16; section 61(8) was amended by section 149(5) of the Finance Act 2006 (c. 25). In paragraph 1(1) of Schedule 10, see the definition of “regulations made by the Board”.
f2: The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 50 of that Act provides that in so far as it is appropriate in consequence of section 5 a reference in an enactment, however expressed, to the Commissioners of Inland Revenue is to be read as a reference to the Commissioners for Her Majesty’s Revenue and Customs.