The Taxation (International and Other Provisions) Act 2010 (Amendment) Order 2010

EXPLANATORY NOTE

(This note is not part of the Order)

This Order exercises powers conferred by the Taxation (International and Other Provisions) Act 2010 to make consequential amendments and undo unintended changes resulting from the work of the Tax Law Re-write project. The Acts affected are the Taxation of Chargeable Gains Act 1992 (c. 12) (article 2), the Income Tax (Trading and Other Income) Act 2005 (c. 5) (article 3) and the Taxation (International and Other Provisions) Act 2010 (c. 8) (article 4) itself.

Authority for the retrospective provision made by this Order is conferred by sections 375(4) and 376(4) of the Taxation (International and Other Provisions) Act 2010.

A full and final Impact Assessment has not been produced for this Order as no impact on the private or voluntary sectors is foreseen.