Paragraph 110 Taxation

United Kingdom

(1)

No tax, rate or other levy shall be imposed except under the authority of F1a law enacted by the Legislature.

(2)

Where a law enacted by the Legislature confers powers on any person or authority to waive or vary a tax imposed by F2that law, that person or authority shall report to the F3Parliament on the exercise of those powers as often as shall be determined by law but not less than every six months.

Annotations

Textual amendments

F1: Words in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(1) (with arts. 4, 7(9))
F2: Words in Sch. 2 s. 110(2) substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(4) (with art. 4)
F3: Word in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 8(1) (with arts. 4, 8(2))

Notes on Schedule 2

Commencement

I1: Sch. 2 in force at 15.10.2012, see art. 1(2)