Finance (No. 2) Act 1931

1. Introductory Text

2. PART I Customs and Excise

   1. 1. Increased duties and drawbacks on certain descriptions of beer

   2. 2. Increased duties and drawbacks on tobacco

   3. 3. Increase of Customs duty on hydrocarbon oils

   4. 4. Prohibition on mixing of hydrocarbon oils, on which rebate allowed, with light oils

   5. 5. Increased rate of entertainments duty

3. PART II Income Tax

   1. 6. Increase in standard rate of income tax for 1931-32

   2. 7. Higher rates of income tax for 1930-31

   3. 8. Amendments of enactments relating to income tax reliefs

   4. 9. Notice of variation of assessment, and c

   5. 10. Income tax in connection with conversion of Government securities

4. PART III Provisions as to Five per Cent. War Loan, 1929-1947

   1. 11. Right of stockholders to continue holdings in five per cent. War Loan; requirement of application for cash repayments, and c

   2. 12. Power to make regulations

   3. 13. Indemnity to trustees and others and to the Bank, and c

   4. 14. Provisions as to instruments with respect to War Loan

   5. 15. Provision as to cash bonus

   6. 16. Provisions as to income tax in certain cases

   7. 17. Provision for incidental expenses

   8. 18. Saving for statutory powers with respect to National Debt, including powers of Treasury as to arrangements with non-residents

   9. 19. Interpretation

5. PART IV Miscellaneous and General

   1. 20. Amendment of s. 36 of 21 and 22 Geo. 5. c. 28

   2. 21. Provisions as to permanent annual charge for the National Debt for 1931-32 and 1932-33

   3. 22. Provisions in cases where Treasury has power to borrow money

   4. 23. Provisions as to payment of interest on Government securities without deduction of income tax

   5. 24. Amendment to Schedule 1II of 11 and 12 Geo. 5. c. 32

   6. 25. Construction, short title and repeal

6. SCHEDULES.

   1. FIRST SCHEDULE

      Tobacco

      1. PART I

         1. Customs Duties

      2. PART II

         1. Excise Duties

      3. PART III

         1. Drawback

   2. SECOND SCHEDULE

      Rate of Entertainments Duty

   3. THIRD SCHEDULE

      Provisions for giving effect to the change in the Standard Rate of Income Tax for the year 1931-32

      1. 1. The amount payable by virtue of any assessment made before...

      2. 2. In the case of such income as is mentioned in...

      3. 3. Subject, in any case where paragraph 2 of this Schedule...

   4. FOURTH SCHEDULE

      Amendment of Enactments relating to Reliefs from Income Tax

   5. FIFTH SCHEDULE

      Enactments Repealed

      1. PART I

         1. Enactments Repealed as from the 6th April, 1931

      2. PART II

         1. Enactments Repealed as from the passing of this Act