Finance Act 1974

52 Definition of " local authority " for certain tax purposes

(1) The definition of "local authority" set out below (which reproduces the effect of that in section 353 of the Taxes Act with modifications necessary to take account of the reorganisation of local government in all parts of the United Kingdom) shall have effect for the purposes of the Income Tax Acts, the Corporation Tax Acts and the enactments relating to capital gains tax ; and the enactments mentioned in Schedule 12 to this Act (some of which relate to stamp duty or estate duty) shall have effect subject to the provisions of that Schedule.

(2) " Local authority " means—

(a) any authority having power to make or determine a rate;

(b) any authority having power to issue a precept, requisition or other demand for the payment of money to be raised out of a rate;

and in this subsection " rate " means a rate the proceeds of which are applicable for public local purposes and which is leviable by reference to the value of land or other property.

(3) This section shall come into operation or, as the case may be, be deemed to have come into operation—

(a) in its application to England and Wales, on 1st April 1974;

(b) in its application to Scotland, on 16th May 1975; and

(c) in its application to Northern Ireland, on 1st October 1973.