Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 39 U.K. Repeal of miscellaneous reliefs etc

PART 2 U.K. Repeal of harbour reorganisation scheme reliefs

14 U.K. Section 45 of FA 1966 (harbour reorganisation schemes: stamp duty) is repealed.

15 U.K. Section 221 of TCGA 1992 (harbour reorganisation schemes: transfer of assets) is repealed.

16 U.K. Sections 991 to 995 of CTA 2010 (harbour reorganisation schemes) are repealed.

17 U.K. In consequence of the provision made by paragraph 15—

(a) in section 288(3A)(a) of TCGA 1992, for “221” substitute “ 220 ”, and

(b) in Schedule 1 to CTA 2010, omit paragraph 251.

18 (1) The amendment made by paragraph 14 has effect in relation to instruments executed on or after 1 April 2013. U.K.

(2) The amendments made by paragraphs 15 to 17 have effect in relation to any transfer occurring on or after 1 April 2013.