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Finance Act 2014

Details of the Section

2.Subsection 2 details the particular circumstances for which provision may be made.

3.Subsection 3 details certain criteria by which classes of person may be specified.

4.Subsection 5 describes how the regulations are to be made.  They will be subject to the affirmative procedure so that a draft of a statutory instrument containing the provisions must be laid before, and approved by, the House of Commons. This procedure will allow for Parliamentary debate.

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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

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