{
  "url": "https://openlegislation.uk/taxes-management-act-1970/section-18B",
  "json_url": "https://openlegislation.uk/taxes-management-act-1970/section-18B.json",
  "legislation": "ukpga/1970/9",
  "legislation_title": "Taxes Management Act 1970",
  "legislation_url": "https://openlegislation.uk/taxes-management-act-1970",
  "path": "section/18B",
  "kind": "section",
  "number": "18B",
  "heading": "Savings income: regulations about European and international aspects",
  "text": "(1) The Treasury may make regulations for implementing and for dealing with matters arising out of or related to—\n(a) any EU obligation created with a view to ensuring the effective taxation of savings income under the law of the United Kingdom and the laws of the other member States, and\n(b) any arrangements made with a territory other than a member State with a view to ensuring the effective taxation of savings income under the law of the United Kingdom and the law of the other territory.\n(2) In this section “savings income” means—\n(a) interest, apart from interest of a prescribed description, or\n(b) other sums of a prescribed description.\n(3) The power to make regulations under this section is exercisable by statutory instrument.\n(4) A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 18B-18E inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 7 para. 103 (with Sch. 9 paras. 1-9, 22)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1970/9/section/18B",
    "retrieved_at": "2026-10-29T10:51:31.747484+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}