The Finance Act 1997, Schedule 10, (Appointed Day) Order 1997
S.I. 1997/991 · Made 20 March 1997
INCOME TAX
Made 20th March 1997
The Treasury, in exercise of the powers conferred on them by paragraphs 7(1) and 16(1) and (2) of Schedule 10 to the Finance Act 1997f1, hereby make the following Order:
Annotations to the whole text
Footnotes
- f1
Contents
1
This Order may be cited as the Finance Act 1997, Schedule 10, (Appointed Day) Order 1997.
2
The day appointed for the purposes of paragraphs 7(1) and 16(1) and (2) of Schedule 10 to the Finance Act 1997 is 1st July 1997.
Signature
Roger Knapman
Richard Ottaway
Two of the Lords Commissioners of Her Majesty’s Treasury
20th March 1997
Explanatory note
(This note is not part of the Order)
Paragraph 7 of Schedule 10 to the Finance Act 1997 (“Schedule 10”) provides that Part I of the Schedule shall have effect in relation to stock lending arrangements, transfers under such arrangements, and manufactured payments in stock lending cases that are made on or after such day as the Treasury may by order made by statutory instrument appoint.
Paragraph 16(1) of Schedule 10 provides that, except for paragraph 14 of the Schedule, Part II of the Schedule shall have effect in relation to manufactured payments made on or after such day as the Treasury may by order made by statutory instrument appoint. Paragraph 16(2) of Schedule 10 provides that paragraph 14 of the Schedule (information powers) shall have effect in relation to transactions to which that paragraph refers that are entered into on or after such day as the Treasury may by order made by statutory instrument appoint, and in relation to payments to which that paragraph refers that are made on or after that day.
This Order appoints 1st July 1997 as the day in question in each case.