Search Legislation

Finance Act 1962

Status:

This is the original version (as it was originally enacted).

ELEVENTH SCHEDULERepeals

Part I

Customs, excise and purchase tax (general repeals)

Session and ChapterShort TitleExtent of Repeal
4 Edw. 7. c. 7.The Finance Act, 1904.In section two, subsection (3). Section eleven.
8 & 9 Geo. 5. c. 15.The Finance Act, 1918.

In section four, in subsection (1) the words " specified in Part I of the First Schedule to this Act" and the words from " by " where first occurring, to " charged", where last occurring.

In section forty-five, subsection (1).

9 & 10 Geo. 5. c. 32.The Finance Act, 1919.

Section ten.

The Second Schedule, so far as unrenealed.

10 & 11 Geo. 5. c. 18.The Finance Act, 1920.The First Schedule.
14 & 15 Geo. 5. c. 21.The Finance Act, 1924.

Section two.

In section three, subsection (4), except as respects chicory.

18 & 19 Geo. 5. c. 17.The Finance Act, 1928.

Section four.

The Second Schedule.

24 & 25 Geo. 5. c. 32.The Finance Act, 1934.The First Schedule, so far as unrepealed.
2 & 3 Geo. 6. c. 109.The Finance (No. 2) Act, 1939.

In section six, subsection (1) so far as unrepealed.

In section twenty-four, subsection (2).

The Fifth Schedule, so far as unrepealed.

3 & 4 Geo. 6. c. 48.The Finance (No. 2) Act, 1940.

Section four, so far as unrepealed.

In section forty-two, subsection (2).

10 & 11 Geo. 6. c. 35.The Finance Act, 1947.In section three, subsection (4).
11 & 12 Geo. 6. c. 49.The Finance Act, 1948.

Section three.

In section fourteen, subsections (1) and (3) and in subsection (4) the words "and totalisa-tor ".

In section eighty-two, paragraph (a) of subsection (2). The Third Schedule.

12, 13 & 14 Geo. 6. c. 47.The Finance Act, 1949.

Section six.

Section twelve.

The Fourth Schedule.

14 Geo. 6. c. 15.The Finance Act, 1950.In section one, subsection (1)
15 & 16 Geo. 6. c. 33.The Finance Act, 1952.

Section one.

Section six.

The Second Schedule.

15 & 16 Geo. 6. & 1 Eliz. 2. c. 44.The Customs and Excise Act, 1952.

In section one hundred and twelve, the proviso to subsection (1).

In section one hundred and seventy-three, paragraphs (d) and (e) of subsection (2).

In section one hundred and seventy-seven, in subsection (1) the words "sugar and glucose" in paragraph (g).

Section two hundred and one.

In section two hundred and two, in subsection (1), the words " licensed under the last foregoing section or " in paragraph (a), and subsection (3) from " and oils " onwards.

Sections two hundred and ten to two hundred and thirteen.

Sections two hundred and fifteen to two hundred and seventeen.

In section two hundred and eighteen, paragraphs (e) and (f) of subsection (1).

In section two hundred and thirty-one, paragraph (b) of subsection (1) together with the " or " at the end of paragraph (a), subsection (3) from the first " and " onwards, and subsection (4).

In section two hundred and fifty-three, in subsection (3) the words " or manufacturer of glucose ".

In section two hundred and sixty-three, in subsection (3) the words " or manufacturer of glucose or saccharin ", and the words " glucose or saccharin ", where next occurring.

In section two hundred and ninety-five, in subsection (2) the words " or manufacturer of sugar, of glucose or of saccharin ".

2 & 3 Eliz. 2. c. 44.The Finance Act, 1954.In section three, paragraph (b) of subsection (5).
4 & 5 Eliz. 2. c. 48.The Sugar Act, 1956.

In section seven, in subsection (2) the words from "' sugar duty ' means " to " and ", where next occurring.

In section ten, subsection (2).

In section fifteen, in subsection (2), paragraph (c), together with the " and " at the end of paragraph (b).

In section thirty-five, in subsection (2) the definitions of " molasses " and of " sugar dutv."

4 & 5 Eliz. 2. c. 54.The Finance Act, 1956.

Section one.

The First Schedule.

6 & 7 Eliz. 2. c. 6.The Import Duties Act, 1958.In the First Schedule, paragraphs 2 and 3.
6 & 7 Eliz. 2. c 56 1 80The Finance Act, 1958.The Third Schedule.
7 & 8 Eliz. 2. c. 58.The Finance Act, 1959.

In section one, in subsection (4), the words " Part I or " and the words "as the case may be ".

Sections seven and eight.

In the First Schedule, the table in Part I.

8 & 9 Eliz. 2. c. 44.The Finance Act, 1960.

Section one.

Section five.

In section nine, subsections (2), (5) and (6).

In the Second Schedule, in Part I the final paragraph from " and references " onwards.

8 & 9 Eliz. 2. c. 60.The Betting and Gaming Act, 1960.In the Fifth Schedule, paragraph 13.
9 & 10 Eliz. 2. c. 36.The Finance Act, 1961.

In section nine, the proviso to subsection (1).

In the Fourth Schedule, sub-paragraph (2) of paragraph 5, and in paragraph 6 the words " subsection (2) of section two hundred of", the words from " repayment" to " oils; and", and the words " of that Act".

10 & 11 Eliz. 2. c. 13.The Vehicles (Excise) Act, 1962.In the Seventh Schedule, the entry relating to the Customs and Excise Act, 1952.

The above repeals so far as they relate to any drawback or other relief from duty shall not have effect in relation to duty paid or payable before the coming into force of the repeal, except in the case of sections two hundred and sixteen and two hundred and seventeen, and paragraphs (e) and (f) of subsection (1) of section two hundred and eighteen, of the Customs and Excise Act, 1952.

Part II

Customs and excise (prospective repeals as to sugar, tea, coffee and cocoa)

Session and ChapterShort TitleExtent of Repeal
6 & 7 Geo. 5. c. 24.The Finance Act, 1916.Section twenty-two.
9 & 10 Geo. 5. c. 32.The Finance Act, 1919.In section eight, subsection (1). In section thirty-eight, the first paragraph of subsection (1).
14 & 15 Geo. 5. c. 21.The Finance Act, 1924.

Section three.

In section forty-one, subsection (1).

16 & 17 Geo. 5. c. 22.The Finance Act, 1926.Section four.
9 & 10 Geo. 6. c. 64.The Finance Act, 1946.In section two, subsection (2).
12, 13 & 14 Geo. 6. c. 47.The Finance Act, 1949.Section one.
15 & 16 Geo. 6. & 1 Eliz. 2. c. 44.The Customs and Excise Act, 1952.

In section eighty-eight, in subsection (4), the words " sugar, molasses ".

Section two hundred and fourteen.

Section two hundred and eighteen.

Sections two hundred and twenty-nine to two hundred and thirty-one (so far as not otherwise repealed). In section two hundred and fifty-nine, subsection (2).

In section two hundred and seventy-one, proviso (ii) to subsection (3).

In section three hundred and seven, in subsection (1) the definitions of " molasses" and " saccharin ".

2 & 3 Eliz. 2. c. 44.The Finance Act, 1954.Section three.
6 & 7 Eliz. 2. c. 6.The Import Duties Act, 1958.

In section three, in subsection (2), the words from " any " where first occurring to " that is to say ", the word " either " and the words from " or", where last occurring, onwards.

In the First Schedule, in sub-paragraph (1) of paragraph 1 the words " subsection (1) of", the words "subject to the following sub-paragraph " and the words "in the said section eight" and sub-paragraph (2) of that paragraph.

10 & 11 Eliz. 2. c. 44.The Finance Act, 1962.

In section three, subsections (1) to (5) and subsection (6) to the words " this Act and ".

In the Fifth Schedule, Part I.

The Sixth Schedule.

The above repeals, so far as they relate to goods within any paragraph of subsection (1) of section three of this Act, shall not have effect until the time when by virtue of that subsection goods within that paragraph cease to be chargeable with duties of customs other than those under the Import Duties Act, 1958, but shall not affect any drawback or other relief in respect of duty paid or payable before that time; and subsection (2) of section thirty-eight of the Interpretation Act, 1889, shall apply to the above repeals of enactments contained in this Act as if they had been repealed by another Act.

Part III

Income tax repeals

Session and ChapterShort TitleExtent of Repeal
2 & 3 Eliz. 2. c. 44.The Finance Act, 1954.In section twenty, the proviso to subsection (1) and subsection (3) from the second " the " to " but ", except as respects claims made on the basis that section eighteen of this Act shall not apply.
3 & 4 Eliz. 2. c. 15.The Finance Act, 1955.Subsection (2) of section two.
6 & 7 Eliz. 2. c. 56.The Finance Act, 1958.Subsection (1) of section fourteen.
7 & 8 Eliz. 2. c. 58.The Finance Act, 1959.Subsection (4) of section nineteen.

Part IV

Estate duty repeals

Session and ChapterShort TitleExtent of Repeal
57 & 58 Vict. c. 30.The Finance Act, 1894.

In section seven, in subsection (2), the word " personal " in each place where it occurs, and (from 10th April), subsection (4).

In section twenty, subsections (1), (3) and (4) (from 10th April).

9 & 10 Geo. 6. c. 13.The Finance (No. 2) Act, 1945.In section fifty-four, subsection (2) (from 10th April).
11 & 12 Geo. 6. c. 49.The Finance Act, 1948.Section seventy-seven (as respects deaths whenever occurring)
12, 13 & 14 Geo. 6. c. 47.The Finance Act, 1949.In section twenty-eight, paragraph (c) of subsection (2).
2 & 3 Eliz. 2. c. 44.The Finance Act, 1954.In section thirty-two, subsection (1) (from 10th April).

The above repeals shall not have effect, unless expressed so to do, as respects deaths occurring before the commencement of this Act or, if expressed to have effect from 10th April, before the tenth day of April, nineteen hundred and sixty-two, and the repeal of paragraph (c) of subsection (2) of section twenty-eight of the Finance Act, 1949, shall have effect subject to the savings contained in the proviso to subsection (1) of section twenty-eight of this Act.

Part V

Stamp duty repeals

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

Sections one hundred and four to one hundred and six.

In the First Schedule, the heading " Settlement" and the exemption following it.

10 Edw. 7. & 1 Geo. 5. c. 8.The Finance (1909-10) Act, 1910.In section seventy-four, subsection (4).
9 & 10 Geo. 6. c. 64.The Finance Act, 1946.In section fifty-three, subsection (1).

The above repeals shall have effect in relation to instruments made or executed on or after the first day of August, nineteen hundred and sixty-two, including instruments treated under subsection (2) of section fifty-three of the Finance Act, 1946, as bearing date on or after that day (to the extent that they are so treated).

Part VI

Government annuity repeals

Session and ChapterShort TitleExtent of Repeal
15 & 16 Geo. 5. c. 20.The Law of Property Act, 1925.In section one hundred and ninety-one, subsection (1) from the words " Where the rent" onwards, and in subsection (4) the words " or the Government annuity ".
19 & 20 Geo. 5. c. 27.The Savings Banks Act, 1929.The whole Act, so far as unrepealed.
19 & 20 Geo. 5. c. 29.The Government Annuities Act, 1929.

Sections one to seven.

In section eight, in subsection (1), the words " and all annuities for years, whether immediate or deferred ".

In section nine, subsection (2) and the proviso to subsection (3).

Section twelve.

In section thirteen, subsection (2) and in subsection (3), the words " or the Bank of England ".

Sections fourteen and sixteen to eighteen.

In section twenty-two, in subsection (1), paragraphs (a) to (c) and in paragraph (d) the words " or the books of the Bank of England ".

In section twenty-three, in subsection (3), the words " purchase or ".

Section twenty-eight.

Section thirty, as respects accounts for any period after 5th January, 1963.

In section thirty-two, subsection (1).

In section thirty-three, paragraph (f), in paragraph (g) the words " in the books of the Bank of England or " and in paragraph (i) the words " of any stock or annuities or".

Sections thirty-seven to forty.

In section forty-two, subsection (2) and the proviso to subsection (3).

Section fifty-three.

In section fifty-four, in subsection (1), the words " annuities and ", subsection (2), in subsection (3) the words " for

deferred savings bank annuities and" and the words " and invested in manner provided by this Act," and in subsection (4) the words " annuities and ", where first occurring, and the words from " and defrayed" onwards.

In section fifty-eight, paragraph (b) and in paragraph (c) the words " annuity or ".

In section sixty-three, in paragraph (h), the words " or any annuity for years ".

Section sixty-five, as respects accounts for any period after 5th January, 1963.

In section sixty-seven, subsection (1) from the beginning to the word " same ", except the words " All moneys which form part of the Government Annuities Investment Fund ", subsections (2) and (3), and in subsection (4) the words " stock and annuities " and paragraph (f) from " distinguishing " onwards.

The First Schedule.

23 & 24 Geo. 5. c. 19.The Finance Act, 1933.Section forty-five.
1 Edw. 8. & 1 Geo. 6. c. 54.The Finance Act, 1937.Section thirty-three.
2 & 3 Geo. 6. c. 117.The National Loans Act, 1939.In the Second Schedule, in paragraph 5, sub-paragraph (c) and the words from " and such securities " onwards
11 & 12 Geo. 6. c. 39.The Industrial Assurance and Friendly Societies Act, 1948.In section six, subsection (3).
2 & 3 Eliz. 2. c. 44.The Finance Act, 1954.In the Fifth Schedule, paragraph 2.
4 & 5 Eliz. 2. c. 6.The Miscellaneous Financial Provisions Act. 1955.In section five, subsection (13).
9 & 10 Eliz. 2. c. 15.The Post Office Act, 1961.In section nineteen, subsection (7) from " and any" onwards.

The above repeals, so far as they relate to the grant of immediate life annuities and matters connected therewith, shall not have effect in relation to any such annuity of which the purchase is completed (within the meaning of the First Schedule to the Government Annuities Act, 1929) on or before the last day of August, nineteen hundred and sixty-two. 86

Table of Statutes referred to in this Act

Short TitleSession and Chapter
Interpretation Act, 188952 & 53 Vict. C. 63
Stamp Act, 189154 & 55 Vict. c. 39.
finance Act, 189457 & 58 Vict. c 30.
Finance (1909-10) Act, 191010 Edw. 7 & 1 Geo. 5. c. 8
finance Act, 19188 & 9 Geo. 5 c 15
Finance Act, 19199 & 10 Geo. 5. c. 32.
Finance Act, 192010 & 11 Geo. 5. c. 18.
Government of Ireland Act, 192010 & 11 Geo. 5. c. 67.
Irish Free State (Consequential Provisions) Act, 1922 (Session 2)13 Geo. 5 (Session 2) c 2
Finance Act, 192414 & 15 Geo. 5. c. 21.
Settled Land Act, 192515 & 16 Geo. 5. c. 18.
Finance Act, 192818 & 19 Geo. 5. c. 17.
Government Annuities Act, 192919 & 20 Geo. 5. c. 29.
Betting and Lotteries Act, 193424 & 25 Geo. 6. c. 58.
Tithe Act, 193626 Geo. 5 & 1 Edw. 8. c. 43.
Finance Act, 19371 Edw. 8 & 1 Geo. 6. c. 54.
Finance Act, 19381 & 2 Geo. 6. c. 46.
National Loans Act, 19392 & 3 Geo. 6. c. 117.
Finance Act, 19403 & 4 Geo. 6. c. 29.
Finance (No. 2) Act, 19403 & 4 Geo. 6. c. 48.
Finance (No. 2) Act, 19459 & 10 Geo. 6. c. 13.
Finance Act, 19469 & 10 Geo. 6. c. 64.
Finance Act, 194710 & 11 Geo. 6. c. 35.
National Assistance Act, 194811 & 12 Geo. 6. c. 29.
Finance Act, 194811 & 12 Geo. 6. c. 49
Gas Act, 194811 & 12 Geo. 6. c. 67.
Finance Act, 194912. 13 & 14 Geo. 6. c. 47
Finance Act, 195114 & 15 Geo. 6. c. 43.
Tithe Act, 195114 & 15 Geo. 6. c. 62.
Finance Act, 195215 & 16 Geo. 6. c. 33.
Income Tax Act, 195215 & 16 Geo. 6 & l Eliz. 2. c. 10.
Customs and Excise Act, 195215 & 16Geo. 6 & l Eliz.2. c. 44.
Finance Act, 19531 & 2 Eliz. 2. c. 34.
Finance Act, 19542 & 3 Eliz. 2. c. 44.
Sugar Act, 19564 & 5 Eliz. 2. c. 48.
Finance Act, 19564 & 5 Eliz. 2. c. 54.
Finance Act, 19575 & 6 Eliz. 2. c. 49.
Import Duties Act, 19586 & 7 Eliz. 2. c. 6.
Prevention of Fraud (Investments) Act, 19586 & 7 Eliz. 2. c. 45.
Finance Act, 19586 & 7 Eliz. 2. c. 56.
Finance Act, 19597 & 8 Eliz. 2. c. 58.
European Free Trade Association Act, 19608 & 9 Eliz. 2. c. 19.
Finance Act, 19608 & 9 Eliz. 2. c. 44.
Finance Act, 19619 & 10 Eliz. 2. c. 36.
Vehicles (Excise) Act, 196210 & 11 Eliz. 2. c. 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 enacted version 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