- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
(This note is not part of the Regulations)
Section 159(1) of the Finance Act 1996 provides that sections 729, 737A(2)(b) and 786(4) of the Income and Corporation Taxes Act 1988 (c. 1) (provisions applying to sale and repurchase agreements) shall cease to have effect except in relation to cases where the initial agreement to sell or transfer the securities of other property was made before the appointed day. Section 159(3) of the 1996 Act amends section 737C of the 1988 Act (which makes further provision in relation to deemed manufactured payments arising from sale and repurchase agreements) where the initial agreement to sell the securities is made on or after the appointed day.
This Order appoints 6th November 1996 as the day in question.
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.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: