Introductory text

Income Tax

Made 6th October 2008

Laid before the House of Commons 6th October 2008

Coming into force 27th October 2008

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by section 552A(7), (9) and (10) of the Income and Corporation Taxes Act 1988^f1 and now vested in them^f2.

Annotations

Footnotes

f1: 1988 c. 1; section 552A was inserted by section 87 of the Finance Act 1998 (c. 36) and amended by paragraph 224 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005 (c. 5) and by paragraph 6 of Schedule 14 to the Finance Act 2008 (c. 9).
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.