Finance (No. 2) Act 2017

TIOPA 2010: consequential renumbering

10 (1) In consequence of the insertion of a new Part 10 of TIOPA 2010 by Part 1 of this Schedule, the existing Part 10 of that Act becomes a new Part 11.

(2) The following provisions of TIOPA 2010 are repealed—

(a) the existing sections 375 and 376 (which contain powers that are no longer exercisable), and

(b) the existing section 381(2)(e) and (f) (which refer to those sections);

but the repeals made by this sub-paragraph do not affect any orders made under section 375 or 376 before the passing of this Act.

(3) As a result of the provision made by sub-paragraphs (1) and (2), the following provisions of TIOPA 2010 are renumbered as follows—

(a) the existing section 372 becomes section 499;

(b) the existing section 373 becomes section 500;

(c) the existing section 374 becomes section 501;

(d) the existing section 377 becomes section 502;

(e) the existing section 378 becomes section 503;

(f) the existing section 379 becomes section 504;

(g) the existing section 380 becomes section 505;

(h) the existing section 381 becomes section 506;

(i) the existing section 382 becomes section 507.

(4) Consequently—

(a) in section 287(2A) of TCGA 1992, for “372” substitute “499”;

(b) in section 1014(2)(fa) of ITA 2007, for “372” substitute “499”;

(c) in section 1171(2)(f) of CTA 2010, for “372” substitute “499”;

(d) in section 1 of TIOPA 2010—

(i) in subsection (4), for “10” substitute “11”;

(ii) in subsection (5), for “373” substitute “500”;

(e) in section 381(2) of TIOPA 2010—

(i) in paragraph (a), for “372” substitute “499”;

(ii) in paragraph (b), for “373” substitute “500”;

(iii) in paragraph (d), for “374” substitute “501”;

(iv) in paragraph (g), for “377(2) and (3)” substitute “502(2) and (3)”;

(v) in paragraph (h), for “380” substitute “505”;

(vi) in paragraph (i), for “382” substitute “507”.

(5) In section 379(1) and (2) of TIOPA 2010 (index of defined expressions), for “8” substitute “10”.