Search Legislation

Finance Act 1970

Status:

This is the original version (as it was originally enacted).

Schedule 8Repeals

Part IGaming Licence Duty

ChapterShort TitleExtent of Repeal
1966 c. 18.The Finance Act 1966.

Section 13.

In section 15, in subsections (4) and (6) as amended by section 5(16) of the Finance Act 1969 the words " and 13 " and in subsection (6) the definitions of " gaming", " hereditament", and all other definitions from that of " premises " onwards.

In Schedule 3, Part II, and in paragraph 18(1) the words " or the duty on gaming licences ", in paragraph 19(c) the word " 14 ", paragraph 19(d) and paragraph 21.

1968 c. 65.The Gaming Act 1968.In Part III of Schedule 11 the amendments of section 13(4) of the Finance Act 1966 and in the amendment of section 15(6) of that Act the words from " the definitions of ' gaming ' " to the end.
1969 c. 32.The Finance Act 1969.

Section 4.

In section 5(16) the words

" and 13 ". Schedule 10.

The repeals in this Part of this Schedule do not apply as respects any gaming before 1st October 1970.

Part IIOther Customs and Excise Repeals

ChapterShort TitleExtent of Repeal
L0 & 11Eliz. 2. c. 13.The Vehicles (Excise) Act 1962.Section 9(3).
1966 c. 18.The Finance Act 1966.Section 12(2)(b) as respects bets made on or after 27th April 1970.
1968 c. 44.The Finance Act 1968.Section 4(1) as respects bets made on or after 27th April 1970.
1969 c. 27.The Vehicle and Driving Licences Act 1969.In section 8(3), the words from " and in making " to " disregarded ".
1969 c. 32.The Finance Act 1969.

Section 1(1)(b).

Section 2 and Schedule 8 except as respects any period before 27th April 1970.

The repeals in the Vehicles (Excise) Act 1962 and the Vehicle and Driving Licences Act 1969 have effect as from 15th February 1971.

Part IIIOccupational Pension Schemes

ChapterShort TitleExtent of Repeal
1965 c. 11.The Ministerial Salaries and Members' Pensions Act 1965.Section 13(1)(a).
1970 c. 10.The Income and Corporation Taxes Act 1970.

Section 208 from the date

appointed under section 21 of

this Act. Section 209 from the corning

into force of section 22 of

this Act. Chapter 11 of Part IX from the

coming into force of section

23 of this Act.

Act of the Parliament of Northern Ireland
1965 c. 18.The Ministerial Salaries and Members' Pensions Act (Northern Ireland) 1965.Section 12(1)(a).

Part IVStamp Duty Repeals having effect from 1st August 1970

ChapterShort TitleExtent of Repeal
54 & 55 Vict. c. 39.The Stamp Act 1891.

Sections 22, 59(4), 99, 114 and 116.

In Schedule 1, the heading beginning " Agreement or any Memorandum" (including the word " Exemptions " and all that follows); the heading " Contract"; in the heading " Defeazance", the words "Agreement, and"; in the heading beginning" Mortgage of Stock ", the words " Agreement, and "; and the heading " Policy of Insurance other than Life Insurance ".

In Schedule 2, the Second Part.

57 & 58 Vict. c. 30.The Finance Act 1894.Section 39.
61 & 62 Vict. c. 10.The Finance Act 1898.Section 5.
6 Edw. 7. c. 14.The Alkali, &c. Works Regulation Act 1906.Section 9(6).
9 Edw. 7. c. 34.The Electric Lighting Act 1909.In section 19, the words from " and also " to the end.
10 & 11 Geo. 5. c. 18.The Finance Act 1920.Section 37(1).
12 & 13 Geo. 5. c. 17.The Finance Act 1922.Sections 46 and 47.
18 & 19 Geo. 5. c. 17.The Finance Act 1928.Section 32.
2 & 3 Geo. 6. c. 41.The Finance Act 1939.Section 37(4).
10 & 11 Geo. 6. c. 35.The Finance Act 1947.Section 52.
ll&12Geo. 6. c. 38.The Companies Act 1948.In section 3, the words " must bear the same stamp as if it were a deed, and"; and section 9(c)
12 & 13 Geo. 6. c. 47.The Finance Act 1949.In Part I of Schedule 8, in paragraph 17 the words " under the heading Agreement or any Memorandum of an Agreement or " and the words from " and no other " to the end; and, in paragraph 27, the words from " (a warrant " to the end.
15 & 16 Geo. 6 and 1 Eliz. 2. c. 57.The Marine and Aviation Insurance (War Risks) Act 1952.In section 7, subsections (2) and (3).
6 & 7 Eliz. 2. c. 56.The Finance Act 1958.In section 35, the words " and the heading ' Agreement or any Memorandum of an Agreement' " in subsection (1)(a), and the whole of subsection (1)(b).
7 & 8 Eliz. 2. c. 58.The Finance Act 1959.In section 30, subsections (1) to (3) and (4)(c).
10 & 11 Eliz. 2. c. 44.The Finance Act 1962.Section 31.
1963 c. 25.The Finance Act 1963.In section 57(1), the words "114 and", and the words " Finance Act 1939, section 37 ": and section 57(2).
1967 c. 54.The Finance Act 1967.In section 27(1), the words "and Part I of Schedule 11 to ".
1967 c. 81.The Companies Act 1967.In section 43(2)(b), the words " bearing the same stamp as if they were contained in a deed". .

This Part of this Schedule has effect as from 1st August 1970.

Part VStamp Duty Repeals having Effect from 1st February 1971

ChapterShort TitleExtent of Repeal
7 Geo. 4. c. 6.The Bank Notes Act 1826.Section 7.
7 Geo. 4. c. 16.The Chelsea and Kilmainham Hospitals Act 1826.Section 39.
3 & 4 Vict. c. 110.The Loan Societies Act 1840.In section 14, the words from " nor any receipt" to "or order ".
27 & 28 Vict. c. 24.The Naval Agency and Distribution Act 1864.In section 16, the words " bills, orders, receipts and other ".
28 & 29 Vict. c. 73.The Naval and Marine. Pay and Pensions Act 1865.In section 6, the words " bills, orders, receipts and other ".
35 & 36 Vict. C. 93.The Pawnbrokers Act 1872.In section 15, the words from " and such a receipt " to the end.
38 & 39 Vict. c. 83.The Local Loans Act 1875.Section 19.
45 & 46 Vict. c. 61.The Bills of Exchange Act 1882.In section 20(1), the word " stamped ", and the words " the stamp will cover ".
47 & 48 Vict. c 55.The Pensions and Yeomanry Pay Act 1884.In section 5, the words " order, receipt and ".
54 & 55 Vict. c 39.The Stamp Act 1891.

In section 23, in subsections (1) and (2), the words " (not being a promissory note or bill of exchange)".

Sections 32, 33, 35 to 39, and 101 to 103.

Part VIMiscellaneous Repeals

ChapterShort TitleExtent of Repeal
57 & 58 Vict. c. 30.The Finance Act 1894.In section 6(8), the words " with interest at the rate of three per cent, per annum from the date at which the first instalment is due ".
6 & 7 Geo. 6. c. 28.The Finance Act 1943.Section 27 so far as it relates to interest accruing after the
14 Geo. 6. c. 21.The Miscellaneous Financial Provisions Act 1950.In section 2, subsections (1) and (5)
15 & 16 Geo. 6 and 1 Eliz. 2. c. 10.The Income Tax Act 1952.In section 2(1), the words " in excess of that amount ".
1964 c. 9.The Public Works Loans Act 1964.Sections 7(2) and 9(3).
1967 c. 54.The Finance Act 1967.Section 44.
1969 c. 32.The Finance Act 1969.

In section 41(2), the word " registered " in both places where it occurs.

Section 57.

In Schedule 17, in Part II paragraph 7(1), the words " subsisting at the date of the earlier death ".

In Schedule 18, in Part I, the word " registered" in the first italic cross-heading.

1969 c. 50.The Trustee Savings Banks Act 1969.In section 34(2) the words " and not exceeding £313s. 0d. per cent, per annum ".
1970 c. 10.The Income and Corporation Taxes Act 1970.

In section 3(1), the words " in

excess of that amount". In section 14(1)(a), the words

from " except "to" infirmity ". In section 19(8), the words

" (and, in particular, in section

22 below) " Section 22.

In section 37, subsection (3)(c) and the preceding " and ".

In section 63(5) the words from " and, where part only " to the end of the subsection.

Section 240(6) from the beginning of the first year of assessment for which company tax regulations have effect.

In section 513, subsection (4).

In Schedule 3, in paragraph 6, the words from " and shall apply " to the end.

Schedule 9 from the beginning of the first year of assessment for which company tax regulations have effect.

The repeal in Part II of Schedule 17 to the Finance Act 1969 has effect in accordance with section 31(6) of this Act.

Part VIIObsolete or Unnecessary Provisions in Taxes Acts

ChapterShort TitleExtent of Repeal
1968 c. 3.The Capital Allowances Act 1968.

In section 15(4) (as inserted by paragraph 5(4) of Schedule 15 to the Income and Corporation Taxes Act 1970) the words from

for reliefto the end of the subsection.

1970 c. 9.The Taxes Management Act 1970.

In section 9(3), the words from the beginning to " partnership, but".

In section 13(1), the words " in the prescribed form ".

In section 118(2), the proviso.

1970 c. 10.The Income and Corporation Taxes Act 1970.

In section 25, the words " sections 5 to 19 and 22 of ".

In section 26, the words " sections 5 to 19 and 22 of".

In section 163(2) proviso, the words " in relation to disposals of assets after 5th April 1969 ".

In subsections (2) and (3) of section 310, the words " to the satisfaction of the Board ".

In section 311(1), the words " to the satisfaction of the Board " and " in the opinion of the Board ".

In section 380(1), the words from " References in this subsection " to the end of the subsection.

In section 515(5), the words from " and the reference " to the end of the subsection.

In Schedule 14, paragraph 29.

In Schedule 15, paragraph 13.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enactedversion that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources