- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Penalties, Offshore Income etc. (Designation of Territories) Order 2011 No. 976
Draft Order laid before the House of Commons under paragraph 21A(7) of the Finance Act 2007 (c. 11) for approval by resolution of that House. (Paragraph 21A of the Finance Act 2007 was inserted by paragraph 5 of Schedule 10 to the Finance Act 2010 (c. 13).)
Draft Statutory Instruments
Capital Gains Tax
Coming into force
6th April 2011
The Treasury make the following Order in exercise of the powers conferred by paragraph 21A(1) to (4) of Schedule 24 to the Finance Act 2007(1).
In accordance with paragraph 21A(7) of Schedule 24 to that Act, a draft of this instrument was laid before the House of Commons and approved by a resolution of that House.
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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