http://www.legislation.gov.uk/ukpga/1982/39/2011-04-22Finance Act 1982An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.1982-10-01texttext/xmlenStatute Law Database2026-05-07Expert Participation2011-04-22 Finance Act 19821982 c. 39An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.[30th July, 1982]

Most Gracious Sovereign,

WE, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty’s public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Part I Customs and Excise Duties on spirits, beer, wine, made-wine and cider. <CommentaryRef Ref="c13231781"/>11In section 5 of the Alcoholic Liquor Duties Act 1979 (excise duty on spirits) for the words from “at the rates” to the end of the section there shall be substituted the words “ at the rate of £14.47 per litre of alcohol in the spirits ”.2In section 36 of that Act (excise duty on beer) for “£18.00” and “£0.60” there shall be substituted “ £20.40 ” and “ £0.68 ” respectively.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5In section 62(1) of that Act (excise duty on cider) for “£7.20” there shall be substituted “ £8.16 ”.6This section shall be deemed to have come into force on 10th March 1982.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13231811"/>2 Hydrocarbon oil, <Abbreviation Expansion="et cetera" xml:lang="la">etc.</Abbreviation> 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation gasoline. <CommentaryRef Ref="c13231881"/>41 The Hydrocarbon Oil Duties Act 1979 shall have effect subject to the following modifications.2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4In subsection (1) of section 27 (interpretation) after the words “In this Act” there shall be inserted the words— “ “aviation gasoline” has the meaning given by section 6(4) above ”.5In Part I of Schedule 3 (regulations under section 21 relating to hydrocarbon oil) after paragraph 10 there shall be inserted the following paragraphs—<P1><Pnumber>1OA</Pnumber><P1para><Text>Amending the definition of “aviation gasoline” in subsection (4) of section 6 of this Act.</Text></P1para></P1></P1group><P1group Layout="below"><Title/><P1><Pnumber>1OB</Pnumber><P1para><Text>Conferring power to require information relating to the supply or use of aviation gasoline to be given by producers, dealers and users.</Text></P1para></P1></P1group><P1group Layout="below"><Title/><P1><Pnumber>1OC</Pnumber><P1para><Text>Requiring producers and users of and dealers in aviation gasoline to keep and produce records relating to aviation gasoline.</Text></P1para></P1></P1group></BlockAmendment></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/4/6/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/4/6" id="section-4-6"><Pnumber>6</Pnumber><P2para><Text>In Schedule 4 (regulations under section 24) after paragraph 18 there shall be inserted the following paragraphs—</Text><BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="schedule" Format="default"><P1group Layout="below"><Title/><P1><Pnumber>18A</Pnumber><P1para><Text>Prohibiting the use of aviation gasoline otherwise than as a fuel for aircraft.</Text></P1para></P1></P1group><P1group Layout="below"><Title/><P1><Pnumber>18B</Pnumber><P1para><Text>Prohibiting the taking of aviation gasoline into fuel tanks for engines other than aircraft engines.</Text></P1para></P1></P1group></BlockAmendment></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/4/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/4/7" id="section-4-7"><Pnumber><CommentaryRef Ref="key-fc1618332584aaaaabaddf8f976f7ec0"/>7</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P2para></P2></P1para></P1></P1group><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="1994-09-01"><Title> Vehicles excise duty: Great Britain. <CommentaryRef Ref="c13231971"/>51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/7" id="section-7"><Pnumber>7</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/7/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/7/1" id="section-7-1"><Pnumber><CommentaryRef Ref="c13232191"/>1</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/7/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/7/2" id="section-7-2"><Pnumber><CommentaryRef Ref="c13232201"/>2</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/7/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/7/3" id="section-7-3"><Pnumber><CommentaryRef Ref="c13232191"/>3</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/7/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/7/4" id="section-7-4"><Pnumber><CommentaryRef Ref="c13232201"/>4</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P2para></P2></P1para></P1></P1group><P1group RestrictEndDate="2026-04-01" RestrictExtent="E+W+S+N.I."><Title> Betting and gaming duties.81Schedule 6 to this Act shall have effect for the purposes of—a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . bincreasing gaming licence duty;camending the law relating to bingo duty ; anddincreasing, and otherwise amending the law relating to, gaming machine licence duty.2Part II of Schedule 6 shall have effect in relation to bets made at any time by reference to an event taking place after 31st March 1982, Part Ill of that Schedule shall have effect in relation to gaming licences for any period beginning after 31st March 1982, Part IV of that Schedule shall have effect in relation to bingo played after 26th September 1982 and Part V of that Schedule shall have effect in relation to gaming machine licences for any period beginning after 30th September 1982. Immature spirits for home use and loss allowance for imported beer.91. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3At the end of section 40 of the Alcoholic Liquor Duties Act 1979 (charge of duty on imported beer) there shall be added the following subsection:—3The duty chargeable on beer to which subsection (1) above applies and which is imported or removed into the United Kingdom in containers having a capacity of more than 10 litres shall be charged on a quantity which is 2 per cent. less than the quantity so imported or removed.4Subsection (3) above has effect in relation to beer imported or removed into the United Kingdom on or after 1st October 1982. Regulator powers. <CommentaryRef Ref="c13232291"/>101In subsection (2) of section 1 of the Excise Duties (Surcharges or Rebates) Act 1979 (regulator powers) for the words from “groups of duties” to “every right” there shall be substituted the wordsduties to which this section applies, provide for an adjustment— aof any liability to such a duty; andbof any right.2For subsections (3) and (4) of section 2 of that Act there shall be substituted the following subsection—3An order—amay specify different percentages for different cases; butbmay not provide for both an addition to any amount payable and a deduction from any other amount payable..3In subsection (7) of that section (procedure for certain orders) for the words from “with respect to” to the end of paragraph (b) there shall be substituted the words— aspecifies a percentage by way of addition to any amount payable or increases a percentage so specified; orbwithdraws or reduces a percentage specified by way of deduction from any amount payable,. Power of Commissioners with respect to agricultural levies etc.111Notwithstanding that—aagricultural levies, within the meaning of section 6 of the European Communities Act 1972, which are charged on goods exported from the United Kingdom are, in accordance with subsection (4) of that section, paid to and recoverable by the relevant Minister (within the meaning given by subsection (9) of that section), andbpayments made by virtue of Community arrangements to which subsection (3) of that section applies are made by that Minister (within the meaning so given),proceedings for an offence under the Theft Act 1968, the Theft Act 1978, the Theft Act (Northern Ireland) 1969 , the Theft (Northern Ireland) Order 1978 or the Fraud Act 2006 relating to any such levies or payments may be instituted by the Commissioners.2At the end of Part V of the Customs and Excise Management Act 1979 (control of exportation) there shall be added the following section:— Offences in relation to agricultural levies.68A1Without prejudice to section 11(1) of the Finance Act 1982, if any person is, in relation to any goods, in any way knowingly concerned in any fraudulent evasion or attempt at evasion of any agricultural levy chargeable on the export of the goods, he shall be guilty of an offence and may be detained.2Any person guilty of an offence under this section shall be liable, on summary conviction, to a penalty of three times the value of the goods or £200, whichever is the greater.3Any goods in respect of which an offence under this section is committed shall be liable to forfeiture.4In this section “agricultural levy” has the same meaning as in section 6 of the European Communities Act 1972 and the provisions of this section apply notwithstanding that any such levy may be payable to the Intervention Board for Agricultural Produce.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Delegation of Commissioners’ functions. <CommentaryRef Ref="c13232501"/>12In subsection (1) of section 8 of the Customs and Excise Management Act 1979 (functions of Commissioners may be exercised by secretaries, assistant secretaries, etc.) for paragraphs (b) and (c) there shall be substituted the following paragraph:—bany officer or other person acting under the authority of the Commissioners;and at the end of that subsection there shall be added the words “ and any statement signed by one or more of the Commissioners certifying that a person specified in the statement was, at a time or for a purpose so specified, acting under the authority of the Commissioners shall be admissible in evidence, and in Scotland shall be sufficient evidence, of the fact so certified. ”Part II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232511"/>13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232521"/>18Part III Income Tax, Corporation Tax and Capital Gains TaxChapter I General. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232531"/>20 Termination of the option mortgage schemes.271Subject to the provisions of this section, Part II of the 1967 Act (assistance for house purchase and improvement in Great Britain) and Part VIII of the 1981 Order (option mortgages in Northern Ireland) shall cease to have effect on 1st April 1983.2Nothing in this Act or the Taxes Act 1988 affects the continuing operation of—asections 24(2)(a) and 28 of the 1967 Act (entitlement to and calculation of subsidy) with respect to payments falling to be made by the Secretary of State and related to amounts due from the borrower before 1st April 1983 or treated as so due by virtue of section 28(1A) of that Act; orbsection 28A of the 1967 Act (recovery of subsidy in certain cases) in its application to any such payments; orcArticles 142(2)(a) and 149 of the 1981 Order (entitlement to and calculation of subsidy) with respect to payments falling to be made by the Department of the Environment for Northern Ireland and related to amounts due from the borrower before 1st April 1983 or treated as so due by virtue of Article 149(2) of that Order; ordArticle 150 of the 1981 Order (recovery of subsidy in certain cases) in its application to any such payments.3Nothing in this Act or the Taxes Act 1988 affects the continuing operation of Part II of the 1967 Act in relation to a loan in respect of which an option notice is in force on 31st March 1983 if—aon that date the residence condition in section 24B of that Act is not fulfilled ; andbas a result either of the lender having first become aware of the fact on or before that date or of a notification having been given on or before that date, the option notice will (assuming the continuation in force of the said Part II) cease to have effect after that date by virtue of paragraph (ix) or paragraph (x) of subsection (3) of section 24 of that Act.4Nothing in this Act or the Taxes Act 1988 affects the continuing operation of Part VIII of the 1981 Order in relation to a loan in respect of which an option notice is in force on 31st March 1983 if—aon that date the residence condition in Article 145 of that Order is not fulfilled; andbas a result either of the lender having first become aware of that fact on or before that date or of a notification having been given on or before that date, the option notice will (assuming the continuation in force of the said Part VIII) cease to have effect after that date by virtue of sub-paragraph (i) or sub-paragraph (j) of paragraph (4) of Article 142 of that Order.5In this section— “the 1967 Act” means the Housing Subsidies Act 1967; and “the 1981 Order” means the Housing (Northern Ireland) Order 1981.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232621"/>28 Postponement of recovery of tax. <CommentaryRef Ref="c13232631"/>681In section 55 of the Taxes Management Act 1970 (postponement of recovery of tax) in subsection (2) for the words “If no application is made under subsection (3) below” there shall be substituted the words “ Except as otherwise provided by the following provisions of this section ”.2After subsection (3) of that section there shall be inserted the following subsection—3AAn application under subsection (3) above may be made more than thirty days after the date of the issue of the notice of assessment if there is a change in the circumstances of the case as a result of which the appellant has grounds for believing that he is over-charged to tax by the assessment.3In subsection (6) of that section (determination of application) in paragraph (a) after the words “subsection (3) above” there shall be inserted the words “ other than an application made by virtue of subsection (3A) above ”.4This section has effect in relation to notices of assessment to tax issued after the passing of this Act.<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/69/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/69" id="section-69"><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">69</Addition></Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/69/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/69/1" id="section-69-1"><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">1</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p956" CommentaryRef="c13232651">In section 86 of the Taxes Management Act 1970 (interest on overdue tax) in subsection (3) (date when interest becomes payable)—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/69/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/69/1/a" id="section-69-1-a"><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">a</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p956" CommentaryRef="c13232651">the following paragraph shall be inserted after paragraph (a)—</Addition></Text><BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default"><P3><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">aa</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p956" CommentaryRef="c13232651">in relation to any tax payable in accordance with the determination of an appeal against an assessment but which had not been charged by the assessment, the date which if it had been charged would by virtue of paragraph (a) above have been the reckonable date; and</Addition></Text></P3para></P3></BlockAmendment><AppendText><Addition ChangeId="d29p956" CommentaryRef="c13232651">; and</Addition></AppendText></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/69/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/69/1/b" id="section-69-1-b"><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">b</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p956" CommentaryRef="c13232651">in paragraph (b) after the words “paragraph (a)” there shall be inserted the words </Addition><InlineAmendment><Addition ChangeId="d29p956" CommentaryRef="c13232651">“ or paragraph (aa) ”</Addition></InlineAmendment><Addition ChangeId="d29p956" CommentaryRef="c13232651">.</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/69/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/69/2" id="section-69-2"><Pnumber><Addition ChangeId="d29p956" CommentaryRef="c13232651">2</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p956" CommentaryRef="c13232651">This section has effect in relation to notices of assessment to tax issued after the passing of this Act.</Addition></Text></P2para></P2></P1para></P1></P1group></Chapter><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/part/III/chapter/II/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/part/III/chapter/II" NumberOfProvisions="1" id="part-III-chapter-II"><Number>Chapter II</Number><P1group><Title>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232661"/>70–79Chapter III Capital Gains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .80<Addition ChangeId="d29p1032" CommentaryRef="c13232741"> Increase of chattel exemption.</Addition>811In the following enactments, namely,—asection 128 of the Capital Gains Tax Act 1979 (chattel exemption by reference to consideration of £2,000),bsection 12(2)(b) of the Taxes Management Act 1970 (information about assets acquired), andcsection 25(7) of that Act (information about assets disposed of),for “£2,000”, in each case where it occurs, there shall be substituted “ £3,000 ”.2This section applies to disposals on or after 6th April 1982 and, accordingly, in relation to subsection (1)(b) above, to assets acquired on or after that date.<Addition ChangeId="d29p1079" CommentaryRef="c13232761"> Extension of general relief for gifts.</Addition>821Section 79 of the Finance Act 1980 (which gives relief for disposals between individuals and, by virtue of section 78 of the Finance Act 1981, disposals by individuals to trustees) shall have effect as if references to an individual included references to the trustees of a settlement; but a claim for relief under that section in respect of a disposal to the trustees of a settlement shall be made by the transferor alone (instead of by the transferor and the transferee).2In subsection (4) of that section, the words from “or” onwards shall cease to have effect.3In subsection (5) of that section—ain paragraph (a), for the words from “chargeable” to “purposes” there shall be substituted the words “ attributable to the value of the asset ”; andbthe words from “and where” onwards shall cease to have effect.4In section 78 of the Finance Act 1981 (subsections (1) and (3) of which are superseded by this section) in subsection (2) for the words “that section” there shall be substituted the words “ section 79 of the Finance Act 1980 ”.5This section applies to disposals on or after 6th April 1982.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .83. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .84. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13232851"/>85. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .86. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .87. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .88<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89" id="section-89"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261"><CommentaryRef Ref="c13233271"/>89</Addition></Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/1" id="section-89-1"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">1</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">Where, in a case of a man and his wife living with him, one of them—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/1/a" id="section-89-1-a"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">a</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">disposes of securities to his wife or her husband on or after 6th April 1982, and</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/1/b" id="section-89-1-b"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">b</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">disposes of other securities, which are of the same kind as those disposed of to the wife or husband, to another person (in this section referred to as “</Addition><Term id="term-a-third-party"><Addition ChangeId="d29p1208" CommentaryRef="c13233261">a third party</Addition></Term><Addition ChangeId="d29p1208" CommentaryRef="c13233261">”), the provisions of subsections (3) and (4) below have effect with respect to any securities acquired by the person making those disposals which, but for the provisions of section 88 above, could have been comprised in either of those disposals.</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/2" id="section-89-2"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">2</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">Where a company which is a member of a group of companies—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/2/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/2/a" id="section-89-2-a"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">a</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">disposes of securities to another member of the group on or after 1st April 1982, and</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/2/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/2/b" id="section-89-2-b"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">b</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">disposes of other securities, which are of the same kind as those disposed of to that other company, to another person (in this section referred to as a “</Addition><Term id="term-third-party"><Addition ChangeId="d29p1208" CommentaryRef="c13233261">third party</Addition></Term><Addition ChangeId="d29p1208" CommentaryRef="c13233261">”) not being another member of the same group, the provisions of subsections (3) and (4) below have effect with respect to any securities acquired by the company making those disposals which, but for the provisions of section 88 above, could have been comprised in either of those disposals.</Addition></Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/3" id="section-89-3"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">3</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">If, apart from the provisions of this subsection, securities disposed of to a third party—</Addition></Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/3/a" id="section-89-3-a"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">a</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">would be indexed securities, and</Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/3/b" id="section-89-3-b"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">b</Addition></Pnumber><P3para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">but for the disposal referred to in subsection (1)(a) or, as the case may be, subsection (2)(a) above would be unindexed securities,</Addition></Text></P3para></P3><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">the identification shall be reversed so that the securities disposed of to the third party (or, if the quantity disposed of to the third party was greater than the quantity disposed of to the wife or husband or, as the case may be, to the other company, a part of them equal to the quantity so disposed of) shall be unindexed securities.</Addition></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/4" id="section-89-4"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">4</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">If there is more than one disposal falling within subsection (1)(a) or, as the case may be, subsection (2)(a) above, or more than one disposal to a third party, the provisions of subsection (3) above shall be applied to securities disposed of on an earlier date before being applied to securities disposed of on a later date, and the re-identification of the securities first disposed of shall accordingly determine the way in which this section applies to the securities comprised in the later disposal.</Addition></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/5/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/5" id="section-89-5"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">5</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">In this subsection “</Addition><Term id="term-indexed-securities"><Addition ChangeId="d29p1208" CommentaryRef="c13233261">indexed securities</Addition></Term><Addition ChangeId="d29p1208" CommentaryRef="c13233261">” means securities which were acquired or provided more than twelve months before the date of the disposal concerned and “</Addition><Term id="term-unindexed-securities"><Addition ChangeId="d29p1208" CommentaryRef="c13233261">unindexed securities</Addition></Term><Addition ChangeId="d29p1208" CommentaryRef="c13233261">” shall be construed accordingly.</Addition></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/6/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/6" id="section-89-6"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">6</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">Section 272 of the Taxes Act (groups of companies) shall apply for the purpose of this section as it applies for the purposes of sections 273 to 281 of that Act.</Addition></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/89/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/89/7" id="section-89-7"><Pnumber><Addition ChangeId="d29p1208" CommentaryRef="c13233261">7</Addition></Pnumber><P2para><Text><Addition ChangeId="d29p1208" CommentaryRef="c13233261">Subsection (9) of section 88 above applies for the purposes of this section as it applies for the purposes of that</Addition>.</Text></P2para></P2></P1para></P1></P1group></Chapter></Part><Part DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/part/IV/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/part/IV" NumberOfProvisions="1" id="part-IV"><Number>Part IV</Number><P1group><Title>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233281"/>90Part V Stamp Duty Reduction of duty on conveyances and leases.128. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Exemption from duty on grants, transfers to charities, etc. <CommentaryRef Ref="c13233451"/>1291Where any conveyance, transfer or lease is made or agreed to be made to a body of persons established for charitable purposes only or to the trustees of a trust so established or to the Trustees of the National Heritage Memorial Fund or to the National Endowment for Science, Technology and the Arts, no stamp duty shall be chargeable under Part I or II... of Schedule 13 to the Finance Act 1999—b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . on the instrument by which the conveyance, transfer or lease, or the agreement for it, is effected.2An instrument in respect of which stamp duty is not chargeable by virtue only of subsection (1) above shall not be treated as duly stamped unless it is stamped in accordance with section 12 of the Stamp Act 1891 with a stamp denoting that it is not chargeable with any duty.3This section applies to instruments executed on or after 22nd March 1982 and shall be deemed to have come into force on that date.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233511"/>130. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233521"/>131Part VI Oil TaxationChapter I General Increase of petroleum revenue tax and ending of supplementary petroleum duty.1321With respect to chargeable periods ending after 31st December 1982, section 1(2) of the principal Act (rate of petroleum revenue tax) shall be amended by substituting for the words “70 per cent.” the words “ 75 per cent. ”.2At the end of subsection (5) of section 122 of the Finance Act 1981 (the chargeable periods for which supplementary petroleum duty is chargeable) for the words “and 30th June 1982” there shall be substituted the words “ 30th June 1982 and 31st December 1982 and to no other periods ”. Export sales of gas.1331In section 2 of the principal Act (assessable profits and allowable losses) at the beginning of subsection (5) there shall be inserted the words “ Subject to subsection (5A) below ” and at the end of that subsection there shall be inserted the following subsection—5AIn any case where oil consisting of gas is disposed of in a sale at arm’s length and the terms of the contract are such that the seller is required to transport the gas from a place on land in the United Kingdom for delivery at a place outside the United Kingdom or to meet some or all of the costs of or incidental to its transportation from and to such places then, for the purposes of this Part of this Act—athe price received or receivable for the gas shall be deemed to be that for which it would have been sold, andbthe gas shall be deemed to be delivered at the time it would have been delivered,if the terms of the contract required the gas to be delivered as mentioned in paragraph 2(2)(b) of Schedule 3 to this Act and did not require the seller to meet any such costs as are mentioned above.2In section 122(3) of the Finance Act 1981 (gross profit for Purposes of supplementary petroleum duty) for “2(4) and (5)” there shall be substituted “ 2(4) to (5A) ”.3This section has effect with respect to chargeable periods ending after 31st December 1981. Alternative valuation of ethane used for petrochemical purposes.1341Where an election is made under this section and accepted by the Board, the market value for taxation purposes of any ethane to which the election applies shall be determined, not in accordance with paragraphs 2, 2A and 3 of Schedule 3 to the principal Act (value under a notional contract), but in accordance with a price formula specified in the election; and, in relation to any such ethane, any reference to market value in any other provision of the principal Act , in Part 8 of the Corporation Tax Act 2010 or in Chapter 16A of Part 2 of the Income Tax (Trading and Other Income) Act 2005 shall be construed accordingly.2Subject to subsection (3) below, an election under this section must be made before 1st January 1994 and applies only to ethane—awhich, during the period covered by the election, is either disposed of otherwise than in sales at arm’s length or relevantly appropriated; andbwhich is used or to be used for petrochemical purposes by or on behalf of the person to whom it is so disposed of or, as the case may be, by or on behalf of the participator by whom it is appropriated; andcwhich is not subjected to fractionation between the time at which it is disposed of or appropriated as mentioned in paragraph (a) above and the time at which it is used as mentioned in paragraph (b) above.3In any case where—aat a time during the period covered by an election, market value falls to be determined for ethane to which subsection (4)(b) or subsection (5)(d) of section 2 of the principal Act applies (oil stocks at the end of chargeable periods), andbafter the expiry of the chargeable period in question, the ethane is disposed of or appropriated and used as mentioned in subsection (2) above,the market value of that ethane at the time referred to in paragraph (a) above shall be determined as if it were then ethane to which the election applies.4Where any ethane is used principally for the petro-chemical purposes specified in the election but some of it is used for fuel, as an incident of the principal use, the whole of it shall be regarded as ethane to which the election applies; but, subject thereto, the market value of ethane used otherwise than for those purposes shall be determined as if no election had been made.5The provisions of Schedule 18 to this Act shall have effect for supplementing this section.6In the preceding provisions of this section—a“ethane” means oil consisting of gas of which the largest component by volume over any chargeable period is ethane and which—ibefore being disposed of or appropriated as mentioned in subsection (2)(a) above either is not subjected to initial treatment or is subjected to initial treatment which does not include fractionation, oriiresults from the fractionation of gas before it is disposed of or relevantly appropriated;b“taxation purposes” means the purposes of Part I of the principal Act and of Part VIII of the Finance Act 1981 (supplementary petroleum duty).7In this section “fractionation” means the treatment of gas in order to separate gas of one or more kinds as mentioned in Paragraph 2A(3) of Schedule 3 to the principal Act; and for the purposes of subsection (6)(a) above,—athe proportion of ethane in any gas shall be determined at a temperature of 15 degrees centigrade and at a pressure of one atmosphere; andb“component” means ethane, methane or liquified petroleum gas. Determination of oil fields.1351In any case where a determination of an oil field is made under Schedule 1 to the principal Act and before the date of the determination oil has been won from the oil field so determined,—aPart I of the principal Act, except Schedule 7, and Part VIII of the Finance Act 1981 (supplementary petroleum duty) shall apply as if the determination had been made immediately before oil was first won from the field;bwhere the actual date of the determination is later than the date which by virtue of paragraph (a) above is the end of a chargeable period for the oil field, then as respects that chargeable period sections 33(1) and 34 of the Taxes Management Act 1970 (in their application by virtue of paragraph 1 of Schedule 2 to the principal Act), paragraphs 2(1), 5(1) and 13 of Schedule 2 to the principal Act and paragraph 9 of Schedule 16 to the Finance Act 1981 shall have effect as if any reference to the end of a chargeable period were a reference to the actual date of the determination;cwhere the actual date of the determination is later than the date which by virtue of paragraph (a) above is the end of a claim period in relation to the oil field, then as respects that claim period paragraph 2(1) of Schedule 5 to the principal Act and paragraph 1(2) of Schedule 6 to that Act shall have effect as if any reference to the end of the claim period in which the expenditure is incurred were a reference to that actual date; anddwhere the actual date of the determination is later than the date which by virtue of paragraph (a) above is the end of the transfer period, within the meaning of Schedule 17 to the Finance Act 1980, in relation to the oil field, then as respects that transfer period paragraph 3(1) of that Schedule shall have effect as if the reference to the end of the transfer period were a reference to that actual date.2In any case where—aa determination is made under paragraph 5 of Schedule 1 to the principal Act (variation of fields) varying an earlier determination; andbin consequence of that variation an existing oil field is altered to any extent;then Part I of the principal Act and Part VIII of the Finance Act 1981 shall apply in relation to the oil field subject only to the modifications provided by subsection (3) below.3Where subsection (2) above applies—athe time allowed—iby paragraph 2 or paragraph 5 of Schedule 2 to the principal Act for making returns, oriiby paragraph 3 of Schedule 17 to the Finance Act 1980 for delivering notices—shall as respects returns or notices containing such particulars as may be required in consequence of the later determination be extended to a period ending, in the case of a return under paragraph 2 or a notice under paragraph 3, two months and, in the case of a return under paragraph 5, one month after the actual date of that determination;bany claim falling to be made in accordance with Schedule 5 or 6 to the principal Act in respect of any expenditure incurred before the actual date of the later determination which could not have been made before that determination may be made at any time before the expiry of the period of six years beginning with that date;csection 1 of the Petroleum Revenue Tax Act 1980 (payments of tax on account). section 105 of the Finance Act 1980 (advance payments of tax) and paragraph 10 of Schedule 16 to the Finance Act 1981 (payments on account of supplementary petroleum duty) shall not apply in relation to any return made under paragraph 2 of Schedule 2 to the principal Act in so far as it is made by virtue of paragraph (a) above; anddsection 139 below (advance petroleum revenue tax) shall not apply in relation to so much of the gross profit as accrues to any person in a chargeable period ending before the actual date of the later determination by virtue only of that later determination.4In subsection (3) of section 12 of the principal Act (references to things done etc. before determination of field) the words from “as regards” to “any oil field” shall cease to have effect.5This section has effect in relation to determinations made after 31st December 1981.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233691"/>136 Expenditure met by regional development grants to be disregarded for certain purposes.137. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233811"/>138Chapter II Advance Petroleum Revenue Tax Liability for APRT and credit against liability for petroleum revenue tax.1391For each of the following chargeable periods, namely—athe first chargeable period ending after 31st December 1982 and before 1st January 1987 in which, subject to sections 140 and 141 below, a gross profit accrues to a participator from an oil field, andbevery one out of the immediately succeeding chargeable periods (if any) which ends before 1st January 1987 and in which, subject to those sections, a gross profit accrues to him from that field,the participator shall be liable to pay an amount of petroleum revenue tax (to be known as “advance petroleum revenue tax” and in this Chapter referred to as “APRT”) in accordance with this section.2Subject to sections 140 and 141 below, APRT shall be payable on the gross profit accruing to the participator in the chargeable period in question and shall be payable afor the chargeable period ending on 30th June 1983, at the rate of 20 per cent.;bfor subsequent chargeable periods ending on or before 31st December 1984, at the rate of 15 per cent.;cfor chargeable periods ending in 1985, at the rate of 10 per cent.; anddfor chargeable periods ending in 1986, at the rate of 5 per cent..3The aggregate of—aany APRT which is payable and paid by a participator in respect of any chargeable period and not repaid, andbany APRT which is carried forward from the previous chargeable period by virtue of subsection (4) below,shall be set against the participator’s liability for petroleum revenue tax charged in any assessment made on him in respect of the assessable profit accruing to him in the period referred to in paragraph (a) above from the oil field in question (which liability is in this Chapter referred to as his liability for petroleum revenue tax for a chargeable period) and shall, accordingly, discharge a corresponding amount of that liability.4If, for any chargeable period, the aggregate of—aany APRT which is payable and paid by a participator for that period and not repaid, andbany APRT carried forward from the previous chargeable period by virtue of this subsection,exceeds the participator’s liability for petroleum revenue tax for that period, the excess shall be carried forward as an accretion to any APRT paid (and not repaid) for the next chargeable period; and any reference in this Chapter to a participator’s APRT credit for a chargeable period is a reference to the aggregate of any APRT paid for that period and not repaid and any APRT carried forward from the previous chargeable period by virtue of this subsection.5The references in section 1 of the Provisional Collection of Taxes Act 1968 to petroleum revenue tax include a reference to APRT.6The provisions of Schedule 19 to this Act shall have effect for supplementing this section and, accordingly, section 105 of the Finance Act 1980 (advance payments of petroleum revenue tax) shall cease to have effect with respect to chargeable periods ending after 30th June 1983.7This Chapter shall be included in the Oil Taxation Acts for the purposes of sections 107 and 108 of the Finance Act 1980 (transmedian fields and gas banking schemes). Increase of gross profit by reference to royalties in kind.1401This section applies where part of a participator’s share of the oil won and saved from an oil field is delivered by him in a chargeable period to the Secretary of State pursuant to a requirement imposed under the terms of a licence granted under the Petroleum (Production) Act 1934.2In determining for the purposes of APRT the gross profit accruing to the participator from the field in the chargeable period the aggregate of the amounts mentioned in paragraphs (a), (b) and (c) of subsection (5) of section 2 of the principal Act shall be increased by multiplying it by a fraction of which—athe numerator is the total of the quantity of oil won from the field which is delivered or relevantly appropriated by him in the period including the oil delivered to the Secretary of State; andbthe denominator is that total excluding the oil delivered to the Secretary of State.3Where oil is delivered pursuant to a requirement which relates to oil of one or more kinds but not to others, subsection (2) above shall apply only in relation to oil of the kind or kinds to which the requirement relates ; and where oil is delivered pursuant to a requirement which specifies different proportions in relation to different kinds of oil, that subsection shall apply separately in relation to each of those kinds.4For the purposes of subsection (5) of section 2 of the principal Act as it applies in determining for the purposes of APRT the gross profit accruing to a participator, the exclusion by paragraph 4 of Schedule 3 to that Act of oil delivered to the Secretary of State under the terms of a licence granted under the said Act of 1934 shall be deemed to extend to oil which is inadvertently delivered to him in excess of the amount required ; and oil so delivered shall be treated for the purposes of this section as delivered pursuant to a requirement imposed under the terms of such a licence.5Any reference in this section or in section 141 below to the purposes of APRT includes a reference to the purpose of determining whether APRT is payable for a chargeable period by virtue of section 139(1) above. Reduction of gross profit by reference to exempt allowance.1411For the purposes of APRT there shall be for each oil field in each chargeable period an exempt allowance of 500,000 metric tonnes of oil divided between the participators in shares proportionate to their shares of the oil won and saved from the field during the period.2If the gross profit accruing to a participator in a chargeable period from a field exceeds the cash equivalent of his share of the exempt allowance, the gross profit shall be reduced to an amount equal to the excess.3If the gross profit accruing to a participator in a chargeable period from a field does not exceed the cash equivalent of his share of the exempt allowance, the gross profit shall be reduced to nil.4Subject to subsection (5) below, the cash equivalent of a participator’s share of the exempt allowance for an oil field for a chargeable period shall be equal to such proportion of the gross profit accruing to him from the field in that period (before any reduction under this section) as his share of the exempt allowance bears to his share, exclusive of excluded oil within the meaning of section 10 of the principal Act, of the oil won and saved from the field during the period.5If a participator in an oil field so elects by notice in writing given to the Board at the time when he makes his return under paragraph 2 of Schedule 2 to the principal Act for a chargeable period, the cash equivalent of his share of the exempt allowance for the field for that period shall be determined under subsection (4) above—ato the extent that his share of that exempt allowance does not exceed his share of the oil (other than gas) won and saved from the field in the period, as if in computing the gross profit accruing to him in the period all amounts relating to gas fell to be disregarded; andbto the extent, if any, that his share of that allowance exceeds his share of the oil (other than gas) so won and saved, as if in computing the gross profit so accruing all amounts relating to oil other than gas fell to be disregarded.6In this section references to a participator’s share of the oil won and saved from a field are to his share as expressed in metric tonnes and for that purpose 1,100 cubic metres of oil consisting of gas at a temperature of 15 degrees centigrade and pressure of one atmosphere shall be counted as equivalent to one metric tonne of oil other than gas. Consequences of crediting APRT against liability for petroleum revenue tax.1421If it appears to the Board—athat any amount of APRT credit which has been set off against a participator’s assessed liability to petroleum revenue tax for any chargeable period ought not to have been so set off, or that the amount so set off has become excessive, orbthat, disregarding any liability to or credit for APRT, a participator is entitled to a repayment of petroleum revenue tax for any chargeable period,then, for the purpose of securing that the liabilities of the participator to petroleum revenue tax and APRT (including interest on unpaid tax) for the chargeable period in question are what they ought to have been, the Board may make such assessments to, and shall make such repayments of, petroleum revenue tax and APRT as in their judgment are necessary in the circumstances.2In a case falling within paragraph (a) of subsection (1) above, any necessary assessment to petroleum revenue tax may, where the revised amount of set off is ascertained as a result of an appeal, be made at any time before the expiry of the period of six years beginning at the end of the chargeable period in which the appeal is finally determined; and in a case falling within paragraph (b) of that subsection any necessary assessment to APRT may be made at any time before the expiry of the period of six years beginning at the end of the chargeable period in which the participator became entitled as mentioned in that paragraph.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Paragraphs 13, 14 and 15 of Schedule 2 to the principal Act (payment of tax, appeals and interest on tax) apply in relation to an assessment to petroleum revenue tax under subsection (1) above as they apply to an assessment under that Schedule.Part VII Miscellaneous and Supplementary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233931"/>143<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/144/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/144" id="section-144"><Pnumber>144</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/144/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/144/1" id="section-144-1"><Pnumber PuncAfter=")(2)">1</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233941"/></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/144/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/144/3" id="section-144-3"><Pnumber>3</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233951"/></Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/section/144/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/section/144/4" id="section-144-4"><Pnumber PuncAfter=")(5)">4</Pnumber><P2para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233941"/></Text></P2para></P2></P1para></P1></P1group><P1group><Title> Certificates of tax deposit: extension of interest period.145For the purposes of certificates of tax deposit issued by the Treasury under section 12 of the National Loans Act 1968 on terms published before 31st July 1980, the date which is the due date in relation to—aincome tax charged at a rate other than the basic rate, andbcapital gains tax,is by virtue of this section postponed, with respect to the year 1980-81 and any subsequent year of assessment, from the date specified in the prospectuses concerned to 1st December following the end of the year of assessment for which the tax is payable.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233981"/>146. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13233991"/>147. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .148 Recovery of overpayment of tax, etc.1491The following section shall be substituted for section 30 of the Taxes Management Act 1970— Recovery of overpayment of tax, etc.301Where an amount of tax has been repaid to any person which ought not to have been repaid to him, that amount of tax may be assessed and recovered as if it were unpaid tax.2In any case where—aa repayment of tax has been increased in accordance with section 47 or 48 of the Finance (No. 2) Act 1975 (supplements added to repayments of tax, etc.); andbthe whole or any part of that repayment has been paid to any person but ought not to have been paid to him; andcthat repayment ought not to have been increased either at all or to any extent;then the amount of the repayment assessed under subsection (1) above may include an amount equal to the amount by which the repayment ought not to have been increased.3In any case where—aa payment, other than a repayment of tax to which subsection (2) above applies, is increased in accordance with section 47 or 48 of the Finance (No. 2) Act 1975; andbthat payment ought not to have been increased either at all or to any extent;then an amount equal to the amount by which the payment ought not to have been increased may be assessed and recovered as if it were unpaid income tax or corporation tax.4An assessment to income tax or corporation tax under this section shall be made under Case VI of Schedule D.5An assessment under this section shall not be out of time under section 34 of this Act if it is made before the end of the chargeable period following that in which the amount so assessed was repaid or paid as the case may be.6Subsection (5) above is without prejudice to sections 36, 37 and 39 of this Act.7In this section any reference to an amount repaid or paid includes a reference to an amount allowed by way of set-off.2Subsection (5) of section 22 of the Finance Act 1978 (recovery of repayments of tax to spouses) shall not apply in relation to any amount repaid on or after 6th April 1982.3Subsection (1) above has effect in relation to any amount repaid or paid on or after 6th April 1982. Investment in gilt-edged unit trusts. 150. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . National savings accounts.1511 The National Savings Bank Act 1971 shall have effect subject to the amendments specified in Schedule 20 to this Act.2This section and Schedule 20 to this Act shall come into force on the expiry of the period of three months beginning with the day on which this Act is passed. Additional power of Treasury to borrow. <CommentaryRef Ref="c13234121"/>1521At the beginning of subsection (1) of section 12 of the National Loans Act 1968 (power of Treasury to borrow) there shall be inserted the words “ Any money which the Treasury consider it expedient to raise for the purpose of promoting sound monetary conditions in the United Kingdom and ”.2After the said subsection (1) there shall be inserted the following subsection:1AThe terms (as to interest or otherwise) on which any balance for the time being in the National Loans Fund is to be held shall be such as may be agreed between the Treasury and the Bank of England.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Variable rates of interest for government lending. <CommentaryRef Ref="c13234171"/>1531For section 5 of the National Loans Act 1968 (rates of interest) there shall be substituted the following section— Rates of interest.51This section has effect as respects any rate of interest—awhich under any provision in Schedule 1 to this Act is to be determined in accordance with this Act, orbwhich is to be determined by the Treasury under section 3 of this Act,and, where any enactment passed after this Act provides for the payment of interest on advances or loans made out of the National Loans Fund, and for the rate at which that interest is to be payable to be determined or approved by the Treasury, then, except as otherwise expressly provided, this section has effect as respects that rate of interest.2For any loan or class of loans the Treasury may determine or approve either—aa fixed rate of interest, that is to say a specified rate or a formula rate which is to be applied, throughout the period of the loan or any loan of that class, with the value which it has when the loan is made, orba variable rate of interest, that is to say a formula rate which is to be applied, for each of the successive periods of the loan or any loan of that class which are of a length specified in the determination or approval (in this section referred to as interest periods), with the value which it has at the beginning of that period;and in this subsection “formula rate” means a rate which is so expressed (whether by means of a formula or otherwise) that it will or may have different values at different times.3The Treasury shall, on each occasion when they determine or approve a fixed rate of interest for a loan or class of loans, satisfy themselves that the rate would be at least sufficient to prevent a loss if—athe loan, or any loan of that class—iwere made forthwith, andiiwere met out of money borrowed by the Treasury at the lowest rate at which the Treasury are for the time being able to borrow money (of whatever amount) for a comparable period, and on other comparable terms, andbthe interest on the money so borrowed, together with the Treasury’s expenses of borrowing, were set off against the interest received on the loan.4The Treasury shall, on, each occasion when they determine or approve a variable rate of interest for a loan or class of loans, satisfy themselves that the rate would be at least sufficient to prevent a loss if—athe loan, or any loan of that class,—iwere made forthwith,iiwere to be repaid at the end of its first interest period, andiiiwere met out of money borrowed by the Treasury at the lowest rate at which the Treasury are for the time being able to borrow money (of whatever amount) for a comparable period, andbthe interest on the money so borrowed were set off against the interest received on the loan.5If at any time the Treasury are satisfied that a rate of interest determined or approved for a class of loans, or for a loan not yet made, would not meet the requirements of subsection (3) or, as the case may be, subsection (4) above if it were determined or approved at that time, that determination or approval shall be withdrawn; and another rate shall be determined or approved in accordance with that subsection for further loans of that class or, as the case may be, for that loan.6The Treasury may in determining or approving a rate of interest take into account any consideration justifying a rate higher than that required by subsection (3) or (4) above.7Different fixed rates of interest may be determined or approved in respect of loans which are to be made for the same length of time; and different variable rates of interest may be determined or approved for loans which are to have interest periods of the same length.8The Treasury shall cause—aall rates of interest determined from time to time by them in respect of local loans, andball other rates of interest determined from time to time by them otherwise than by virtue of subsection (6) above,to be published in the London and Edinburgh Gazettes as soon as may be after the determination of those rates.2The enactments amended by Schedule 1 to that Act (government lending and advances) shall have effect as if in the third column of that Schedule for the word “fixed”, wherever it occurs, there were substituted the word “ determined ”.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13234201"/>154. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13234211"/>155 Dissolution of Board of Referees.156. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short title, interpretation, construction and repeals.1571This Act may be cited as the Finance Act 1982.2In this Act—a“the Taxes Act 1970” means the Income and Corporation Taxes Act 1970; andb“the Taxes Act 1988” means the Income and Corporation Taxes Act 1988.3Part III of this Act, so far as it relates to income tax, shall be construed as one with the Income Tax Acts, so far as it relates to corporation tax, shall be construed as one with the Corporation Tax Acts and, so far as it relates to capital gains tax, shall be construed as one with the Capital Gains Tax Act 1979.4Part IV of this Act shall be construed as one with Part III of the Finance Act 1975.5Part VI of this Act shall be construed as one with Part I of the Oil Taxation Act 1975 . . . and references in Part VI to the principal Act are references to that Act.6The enactments and Orders mentioned in Schedule 22 to this Act (which include spent enactments) are hereby repealed to the extent specified in the third column of that Schedule, but subject to any provision at the end of any Part of that Schedule.7The provisions of Part XI of Schedule 22 to this Act, except in so far as they relate to the Wellington Museum Act 1947 and the Finance (No. 2) Act 1975, shall have effect in substitution for the provisions of Section B of Part VI of Schedule 20 to the Finance Act 1980 and, accordingly, that Section shall be deemed not to have taken effect at the beginning of the year 1982-83. SchedulesSCHEDULE 1 Wine: Rates of DutySection 1(3).

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 3I Provisions Substituted for Part II of Schedule 1
Description of vehicleRate of duty
£
1. Bicycles and tricycles of which the cylinder capacity of the engine does not exceed 150 cubic centimetres ... ...8.00
2. Bicycles of which the cylinder capacity of the engine exceeds 150 cubic centimetres but does not exceed 250 cubic centimetres; tricycles (other than those in the foregoing paragraph) and vehicles (other than mowing machines) with more than three wheels, being tricycles and vehicles neither constructed nor adapted for use nor used for the carriage of a driver or passenger ... ... ... ...16.00
3. Bicycles and tricycles not in the foregoing paragraphs ...32.00
II Provisions Substituted for Part II of Schedule 2
Description of vehicleRate of duty
£
Hackney carriages ... ...40.00
with an additional 80p for each person above 20 (excluding the driver) for which the vehicle has seating capacity.
III Provisions Substituted for Part II of Schedule 3
Weight unladen of vehicleRate of duty
1. Description of vehicle2. Exceeding3. Not exceeding4. Initial5. Additional for each ton or part of a ton in excess of the weight in column 2
££
1. Agricultural machines; digging machines; mobile cranes; works trucks; mowing machines; fishermen’s tractors.13.50
2. Haulage vehicles, being showmen’s vehicles.7¼ tons130.00
7¼ tons8 tons156.00
8 tons10 tons183.00
10 tons183.0028.00
3. Haulage vehicles, not being showmen’s vehicles.2 tons155.00
2 tons4 tons278.00
4 tons6 tons402.00
6 tons7¼ tons525.00
7¼ tons8 tons642.00
8 tons10 tons642.00109.00
10 tons860.00123.00
IV Provisions Substituted for Part II of Schedule 4Tables Showing Annual Rates of Duty on Goods VehiclesTable A General Rates of Duty
Weight unladen of vehicleRate of duty
1. Description of vehicle2. Exceeding3. Not exceeding4. Initial5. Additional for each¼ ton or part of a¼ ton in excess of the weight in column 2
££
1. Farmers’ goods vehicles ...12 cwt.46
12 cwt.16 cwt.50
16 cwt.1 ton54
1 ton3 tons537
3 tons4 tons1065
4 tons7 tons1264
7 tons9 tons1762
9 tons2336
2. Showmen’s goods vehicles ...12 cwt.46
12 cwt.16 cwt.50
16 cwt.1 ton54
1 ton3 tons537
3 tons4 tons1065
4 tons6 tons1264
6 tons9 tons1567
9 tons27810
3. Tower wagons ... ...12 cwt.62
12 cwt.16 cwt.69
16 cwt.1 ton78
1 ton4 tons778
4 tons6 tons1719
6 tons9 tons2428
9 tons39415
4. Goods vehicles not included in any of the foregoing provisions of this Part of this Schedule.1 ton80
1 ton1¼ tons90
1¼ tons1½ tons100
1½ tons3 tons13022
3 tons4 tons26423
4 tons9 tons34040
9 tons10 tons1,35148
10 tons1,53757
Table B Rates of Duty on Goods Vehicles Used for Drawing Trailers
V Provisions Substituted for Part II of Schedule 5
Description of vehicleRate of duty
£
1. Vehicles not exceeding seven horse-power, if registered under the Roads Act 1920 for the first time before 1st January 1947 ... ... ... ...57.00
2. Vehicles not included above ... ... ... ... ...80.00
 Schedule 4(repealed 1.10.1991) <CommentaryRef Ref="c13234391"/>. . . I<CommentaryRef Ref="c13234411"/>. . .

 II<CommentaryRef Ref="c13234431"/>. . .

 III<CommentaryRef Ref="c13234461"/>. . .

 IV<CommentaryRef Ref="c13234481"/>. . .Table A<CommentaryRef Ref="c13234521"/>. . .

 V<CommentaryRef Ref="c13234531"/>. . .

Schedule 5 Annual Rates of Duty on Goods VehiclesSections 5(4) and 6(4). Part A

Part I General Provisions Vehicles chargeable at the basic rate of duty<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1" id="schedule-5-paragraph-1"><Pnumber>1</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1/1" id="schedule-5-paragraph-1-1"><Pnumber>1</Pnumber><P2para><Text>Subject to paragraphs 5 and 6 below, the annual rate of duty applicable to a goods vehicle—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1/1/a" id="schedule-5-paragraph-1-1-a"><Pnumber>a</Pnumber><P3para><Text>which has a plated gross weight or a plated train weight which does not exceed 7.5 tonnes; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1/1/b" id="schedule-5-paragraph-1-1-b"><Pnumber>b</Pnumber><P3para><Text>which has neither a plated gross weight nor a plated train weight but which has an unladen weight which exceeds 1,525 kilograms; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/1/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1/1/c" id="schedule-5-paragraph-1-1-c"><Pnumber>c</Pnumber><P3para><Text>which is a tower wagon, having an unladen weight which exceeds 1,525 kilograms;</Text></P3para></P3><Text>shall be £170.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/1/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/1/2" id="schedule-5-paragraph-1-2"><Pnumber>2</Pnumber><P2para><Text>Any reference in the following provisions of this Schedule to the basic rate of duty is a reference to the annual rate of duty for the time being applicable to vehicles falling within sub-paragraph (1) above.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/vehicles-exceeding-75-but-not-exceeding-12-tonnes-plated-weight/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/vehicles-exceeding-75-but-not-exceeding-12-tonnes-plated-weight" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-vehicles-exceeding-75-but-not-exceeding-12-tonnes-plated-weight"><Title> Vehicles exceeding 7.5 but not exceeding 12 tonnes plated weight<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/2" id="schedule-5-paragraph-2"><Pnumber>2</Pnumber><P1para><Text>Subject to paragraphs 1(1)(c) above and 6 below, the annual rate of duty applicable to a goods vehicle which has a plated gross weight or a plated train weight which exceeds 7.5 tonnes but does not exceed 12 tonnes shall be £360.</Text></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/rigid-goods-vehicles-exceeding-12-tonnes-plated-gross-weight/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/rigid-goods-vehicles-exceeding-12-tonnes-plated-gross-weight" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-rigid-goods-vehicles-exceeding-12-tonnes-plated-gross-weight"><Title> Rigid goods vehicles exceeding 12 tonnes plated gross weight<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3" id="schedule-5-paragraph-3"><Pnumber>3</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/1" id="schedule-5-paragraph-3-1"><Pnumber>1</Pnumber><P2para><Text>Subject to the provisions of this Schedule, the annual rate of duty applicable to a goods vehicle which is a rigid goods vehicle and has a plated gross weight which exceeds 12 tonnes shall be determined in accordance with Table A in Part II of this Schedule by reference to—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/1/a" id="schedule-5-paragraph-3-1-a"><Pnumber>a</Pnumber><P3para><Text>the plated gross weight of the vehicle; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/1/b" id="schedule-5-paragraph-3-1-b"><Pnumber>b</Pnumber><P3para><Text>the number of axles on the vehicle.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/2" id="schedule-5-paragraph-3-2"><Pnumber>2</Pnumber><P2para><Text>If a rigid goods vehicle to which sub-paragraph (1) above applies is used for drawing a trailer which—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/2/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/2/a" id="schedule-5-paragraph-3-2-a"><Pnumber>a</Pnumber><P3para><Text>has a plated gross weight exceeding 4 tonnes; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/3/2/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/3/2/b" id="schedule-5-paragraph-3-2-b"><Pnumber>b</Pnumber><P3para><Text>when so drawn, is used for the conveyance of goods or burden;</Text></P3para></P3><Text>the annual rate of duty applicable to it in accordance with that sub-paragraph shall be increased by the amount of the supplement which, in accordance with Table B in Part II of this Schedule, is appropriate to the gross plated weight of the trailer being drawn.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/tractor-units-exceeding-12-tonnes-plated-train-weight/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/tractor-units-exceeding-12-tonnes-plated-train-weight" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-tractor-units-exceeding-12-tonnes-plated-train-weight"><Title> Tractor units exceeding 12 tonnes plated train weight<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4" id="schedule-5-paragraph-4"><Pnumber>4</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/1" id="schedule-5-paragraph-4-1"><Pnumber>1</Pnumber><P2para><Text>This paragraph applies to a tractor unit which has a plated train weight exceeding 12 tonnes.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/2" id="schedule-5-paragraph-4-2"><Pnumber>2</Pnumber><P2para><Text>The annual rate of duty applicable to a tractor unit to which this paragraph applies and which has not more than two axles shall be determined, subject to the followingh provisions of this Schedule, in accordance with Table C in Part II of this Schedule by reference to—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/2/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/2/a" id="schedule-5-paragraph-4-2-a"><Pnumber>a</Pnumber><P3para><Text>the plated train weight of the tractor unit; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/2/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/2/b" id="schedule-5-paragraph-4-2-b"><Pnumber>b</Pnumber><P3para><Text>the types of semi-trailers, distinguished according to the number of their axles, which are to be drawn by it.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/3" id="schedule-5-paragraph-4-3"><Pnumber>3</Pnumber><P2para><Text>The annual rate of duty applicable to a tractor unit to which this paragraph applies and which has three or more axles shall be determined subject to the following provisions of this Schedule in accordance with Table D in Part II of this Schedule by reference to—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/3/a" id="schedule-5-paragraph-4-3-a"><Pnumber>a</Pnumber><P3para><Text>the plated train weight of the tractor unit; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/4/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/4/3/b" id="schedule-5-paragraph-4-3-b"><Pnumber>b</Pnumber><P3para><Text>the types of semi-trailers, distinguished according to the number of their axles, which are to drawn by it.</Text></P3para></P3></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/special-types-of-vehicles/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/special-types-of-vehicles" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-special-types-of-vehicles"><Title> Special types of vehicles<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5" id="schedule-5-paragraph-5"><Pnumber>5</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/1" id="schedule-5-paragraph-5-1"><Pnumber>1</Pnumber><P2para><Text>This paragraph applies to a goods vehicle—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/1/a" id="schedule-5-paragraph-5-1-a"><Pnumber>a</Pnumber><P3para><Text>which has an unladen weight exceeding 1,525 kilograms; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/1/b" id="schedule-5-paragraph-5-1-b"><Pnumber>b</Pnumber><P3para><Text>which does not comply with regulations under section 40 of the <CommentaryRef Ref="c13234601"/>Road Traffic Act 1972 (construction and use regulations); and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/1/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/1/c" id="schedule-5-paragraph-5-1-c"><Pnumber>c</Pnumber><P3para><Text>which is for the time being authorised for use on roads by virtue of an order under section 42 of that Act (authorisation of special vehicles).</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/2" id="schedule-5-paragraph-5-2"><Pnumber>2</Pnumber><P2para><Text>The annual rate of duty applicable to a goods vehicle to which this paragraph applies and which falls within a class specified by an order of the Secretary of State made for the purposes of this paragraph shall be determined, on the basis of the assumption in sub-paragraph (3) below, by the application of Table A, Table C or Table D in Part II of this Schedule, according to whether the vehicle is a rigid goods vehicle or a tractor unit and, in the latter case, according to the number of its axles.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/3" id="schedule-5-paragraph-5-3"><Pnumber>3</Pnumber><P2para><Text>The assumptions referred to in sub-paragraph (2) above are—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/3/a" id="schedule-5-paragraph-5-3-a"><Pnumber>a</Pnumber><P3para><Text>where Table A applies, that the vehicle has a plated gross weight which exceeds 30 tonnes but does not exceed 30.49 tonnes; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/3/b" id="schedule-5-paragraph-5-3-b"><Pnumber>b</Pnumber><P3para><Text>where Table C or Table D applies, that the vehicle has a plated train weight which exceeds 32 tonnes but does not exceed 32.52 tonnes.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/4" id="schedule-5-paragraph-5-4"><Pnumber>4</Pnumber><P2para><Text>In the case of a goods vehicle to which this paragraph applies and which does not fall within such class as is referred to in sub-paragraph (2) above, the annual rate of duty shall be the basic rate of duty.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/5/5/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/5/5" id="schedule-5-paragraph-5-5"><Pnumber>5</Pnumber><P2para><Text>The power to make an order under sub-paragraph (2) above shall be exercisable by statutory instrument ; but no such order shall be made unless a draft of it has been laid before Parliament and approved by a resolution of each House of Parliament.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/farmers-goods-vehicles-and-showmens-goods-vehicles/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/farmers-goods-vehicles-and-showmens-goods-vehicles" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-farmers-goods-vehicles-and-showmens-goods-vehicles"><Title> Farmer’s goods vehicles and showmen’s goods vehicles<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6" id="schedule-5-paragraph-6"><Pnumber>6</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/1" id="schedule-5-paragraph-6-1"><Pnumber>1</Pnumber><P2para><Text>If the unladen weight of—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/1/a" id="schedule-5-paragraph-6-1-a"><Pnumber>a</Pnumber><P3para><Text>a farmer’s goods vehicle; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/1/b" id="schedule-5-paragraph-6-1-b"><Pnumber>b</Pnumber><P3para><Text>a showman’s goods vehicle;</Text></P3para></P3><Text>does not exceed 1,525 kilograms, the annual rate of duty applicable to it shall be £60.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/2" id="schedule-5-paragraph-6-2"><Pnumber>2</Pnumber><P2para><Text>If a farmer’s goods vehicle or a showman’s goods vehicle has a plated gross weight or a plated train weight, the annual rate of duty applicable to it shall be—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/2/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/2/a" id="schedule-5-paragraph-6-2-a"><Pnumber>a</Pnumber><P3para><Text>£100, if that weight does not exceed 7.5 tonnes;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/2/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/2/b" id="schedule-5-paragraph-6-2-b"><Pnumber>b</Pnumber><P3para><Text>£130, if that weight exceeds 7.5 tonnes but does not exceed 12 tonnes; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/2/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/2/c" id="schedule-5-paragraph-6-2-c"><Pnumber>c</Pnumber><P3para><Text>the appropriate Part II rate, if that weight exceeds 12 tonnes.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/3" id="schedule-5-paragraph-6-3"><Pnumber>3</Pnumber><P2para><Text>In sub-paragraph (2) above the “<Term id="term-appropriate-part-ii-rate">appropriate Part II rate</Term>” means the rate determined in accordance with paragraph 3 or, as the case may be, 4 above but by reference—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/3/a" id="schedule-5-paragraph-6-3-a"><Pnumber>a</Pnumber><P3para><Text>in the case of a farmer’s goods vehicle, to Table A(1), Table B(1), Table C(1) or, as the case may be, Table D(1) in Part II of this Schedule, in place of the corresponding Table referred to in that paragraph; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/3/b" id="schedule-5-paragraph-6-3-b"><Pnumber>b</Pnumber><P3para><Text>in the case of a showman’s goods vehicle, to Table A(2), Table B(2), Table C(2) or, as the case may be, Table D(2) in Part II of this Schedule, in place of the corresponding Table referred to in that paragraph.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/6/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/6/4" id="schedule-5-paragraph-6-4"><Pnumber>4</Pnumber><P2para><Text>In the case of any other farmer’s goods vehicle or showman’s goods vehicle, the annual rate of duty applicable to it shall be £100.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/smaller-goods-vehicles/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/smaller-goods-vehicles" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-smaller-goods-vehicles"><Title> Smaller goods vehicles<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/7" id="schedule-5-paragraph-7"><Pnumber>7</Pnumber><P1para><Text>If a goods vehicle—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/7/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/7/a" id="schedule-5-paragraph-7-a"><Pnumber>a</Pnumber><P3para><Text>has an unladen weight which does not exceed 1,525 kilograms; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/7/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/7/b" id="schedule-5-paragraph-7-b"><Pnumber>b</Pnumber><P3para><Text>does not fall within paragraph 6 above;</Text></P3para></P3><Text>the annual rate of duty applicable to it shall be £80.</Text></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/vehicles-treated-as-having-reduced-plated-weights/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/vehicles-treated-as-having-reduced-plated-weights" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-vehicles-treated-as-having-reduced-plated-weights"><Title> Vehicles treated as having reduced plated weights<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8" id="schedule-5-paragraph-8"><Pnumber>8</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/1" id="schedule-5-paragraph-8-1"><Pnumber>1</Pnumber><P2para><Text>The Secretary of State may by regulations provide that, on an application made in accordance with the regulations, the goods vehicle to which the application relates shall be treated for the purposes of this Schedule as if its plated gross weight or plated train weight (the “operating weight”) specified in the application.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/2" id="schedule-5-paragraph-8-2"><Pnumber>2</Pnumber><P2para><Text>Where, following an application duly made in accordance with the regulations, a licence is issued for the vehicle concerned at the rate of duty applicable to the operating weight, that weight shall be shown on the licence.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/3" id="schedule-5-paragraph-8-3"><Pnumber>3</Pnumber><P2para><Text>The regulations may provide that the use of any vehicle in respect of which a lower rate of duty is chargeable by virtue of this paragraph shall be subject to prescribed conditions and to such further conditions as the Secretary of State may think fit to impose in any particular case.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/4" id="schedule-5-paragraph-8-4"><Pnumber>4</Pnumber><P2para><Text>In any case where a vehicle in respect of which a lower rate of duty has been charged by virtue by virtue of this paragraph is used in contravention of a condition imposed by virtue of sub-paragraph (3) above, then—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/4/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/4/a" id="schedule-5-paragraph-8-4-a"><Pnumber>a</Pnumber><P3para><Text>the higher rate of duty applicable to its plated gross weight or plated train weight shall become chargeable as from the date of the contravention; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/4/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/4/b" id="schedule-5-paragraph-8-4-b"><Pnumber>b</Pnumber><P3para><Text>section 19 of this Act shall apply as if—</Text><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/4/b/i/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/4/b/i" id="schedule-5-paragraph-8-4-b-i"><Pnumber>i</Pnumber><P4para><Text>that higher rate had become chargeable under subsection (1) of that section by reason of the vehicle being used as mentioned in that subsection; and</Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/8/4/b/ii/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/8/4/b/ii" id="schedule-5-paragraph-8-4-b-ii"><Pnumber>ii</Pnumber><P4para><Text>subsections (5) to (9) were omitted.</Text></P4para></P4></P3para></P3></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/plated-and-unladen-weights/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/plated-and-unladen-weights" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-plated-and-unladen-weights"><Title> Plated and unladen weights<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9" id="schedule-5-paragraph-9"><Pnumber>9</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/1" id="schedule-5-paragraph-9-1"><Pnumber>1</Pnumber><P2para><Text>Any reference in this Schedule to the plated gross weight of a goods vehicle or trailer is a reference—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/1/a" id="schedule-5-paragraph-9-1-a"><Pnumber>a</Pnumber><P3para><Text>to that plated weight, within the meaning of Part II of the Road Traffic Act 1972, which is the maximum gross weight which may not be exceeded in Great Britain for the vehicle or trailer in question; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/1/b" id="schedule-5-paragraph-9-1-b"><Pnumber>b</Pnumber><P3para><Text>in the case of any trailer which may lawfully be used in Great Britain without a plated gross weight, to the maximum laden weight at which the trailer may lawfully be used in Great Britain.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/2" id="schedule-5-paragraph-9-2"><Pnumber>2</Pnumber><P2para><Text>Any reference in this Schedule to the plated train weight of a vehicle is a reference to that plated weight, within the meaning of the said Part II, which is the maximum gross weight which may not be exceeded in Great Britain for an articulated vehicle consisting of the vehicle in question and any semi-trailer which may be drawn by it.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/3" id="schedule-5-paragraph-9-3"><Pnumber>3</Pnumber><P2para><Text>A mechanically propelled vehicle which—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/3/a" id="schedule-5-paragraph-9-3-a"><Pnumber>a</Pnumber><P3para><Text>is constructed or adapted for use and used for the conveyance of a machine or contrivance and no other load except articles used in connection with the machine or contrivance; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/3/b" id="schedule-5-paragraph-9-3-b"><Pnumber>b</Pnumber><P3para><Text>is not a vehicle for which an annual rate of duty is specified in Schedule 3 to this Act; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/9/3/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/9/3/c" id="schedule-5-paragraph-9-3-c"><Pnumber>c</Pnumber><P3para><Text>has neither a plated gross weight nor a plated train weight,</Text></P3para></P3><Text>shall, notwithstanding that the machine or contrivance is built in as part of the vehicle, be chargeable with duty at the rate which would be applicable if the machine or contrivance were burden.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/goods-vehicles-used-partly-for-private-purposes/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/goods-vehicles-used-partly-for-private-purposes" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-goods-vehicles-used-partly-for-private-purposes"><Title> Goods vehicles used partly for private purposes<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/10/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/10" id="schedule-5-paragraph-10"><Pnumber>10</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/10/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/10/1" id="schedule-5-paragraph-10-1"><Pnumber>1</Pnumber><P2para><Text>Where a goods vehicle is partly used for private purposes, the annual rate of duty applicable to it shall, if apart from this paragraph it would be less, be the rate determined in accordance with Schedule 5 to this Act.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/10/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/10/2" id="schedule-5-paragraph-10-2"><Pnumber>2</Pnumber><P2para><Text>A vehicle shall not be prevented from being a farmer’s goods vehicle for the purposes of this Schedule solely by reason of its being used partly for private purposes.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/10/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/10/3" id="schedule-5-paragraph-10-3"><Pnumber>3</Pnumber><P2para><Text>In this paragraph “<Term id="term-partly-used-for-private-purposes">partly used for private purposes</Term>” means used partly otherwise than for the conveyance of goods or burden for hire or reward or for or in connection with a trade or business.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/exempted-vehicles/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/exempted-vehicles" NumberOfProvisions="3" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-exempted-vehicles"><Title> Exempted vehicles<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/11/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/11" id="schedule-5-paragraph-11"><Pnumber>11</Pnumber><P1para><Text>Duty shall not be chargeable by virtue of this Schedule in respect of—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/11/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/11/a" id="schedule-5-paragraph-11-a"><Pnumber>a</Pnumber><P3para><Text>a vehicle chargeable with duty by virtue of Schedule 1 to this Act;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/11/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/11/b" id="schedule-5-paragraph-11-b"><Pnumber>b</Pnumber><P3para><Text>an agricultural machine which is a goods vehicle by reason of the fact that it is constructed or adapted for use, and used, for the conveyance of farming or forestry implements fitted to it for operation while so fitted;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/11/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/11/c" id="schedule-5-paragraph-11-c"><Pnumber>c</Pnumber><P3para><Text>a mobile crane, works truck or fisherman’s tractor; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/11/d/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/11/d" id="schedule-5-paragraph-11-d"><Pnumber>d</Pnumber><P3para><Text>a vehicle which, though constructed or adapted for use for the conveyance of goods or burden, is not so used for hire or reward or for or in connection with a trade or business.</Text></P3para></P3></P1para></P1></P1group><P1group Layout="below" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false"><Title/><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12" id="schedule-5-paragraph-12"><Pnumber>12</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/1" id="schedule-5-paragraph-12-1"><Pnumber>1</Pnumber><P2para><Text>This paragraph and paragraph 13 below apply to agricultural machines which do not draw trailers.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/2" id="schedule-5-paragraph-12-2"><Pnumber>2</Pnumber><P2para><Text>Subject to paragraph 13 below, a vehicle to which this paragraph applies shall not be chargeable with duty by virtue of this Schedule by reason of the fact that it is constructed or adapted for use and used for the conveyance of permitted goods or burden if they are carried in or on not more than one appliance and the conditions mentioned in sub-paragraph (3) below are satisfied.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3" id="schedule-5-paragraph-12-3"><Pnumber>3</Pnumber><P2para><Text>The conditions are that—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3/a" id="schedule-5-paragraph-12-3-a"><Pnumber>a</Pnumber><P3para><Text>the appliance is fitted either to the front or to the back of the vehicle;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3/b" id="schedule-5-paragraph-12-3-b"><Pnumber>b</Pnumber><P3para><Text>the appliance is removable;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3/c" id="schedule-5-paragraph-12-3-c"><Pnumber>c</Pnumber><P3para><Text>the area of the horizontal plane enclosed by verticle lines passing through the outside edges of the appliance is not, when the appliance is in the position in which it is carried when the vehicle is travelling and the appliance is loaded, greater than—</Text><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/c/i/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3/c/i" id="schedule-5-paragraph-12-3-c-i"><Pnumber>i</Pnumber><P4para><Text>0.65 of a square metre, if the appliance is carried at the front; or</Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/3/c/ii/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/3/c/ii" id="schedule-5-paragraph-12-3-c-ii"><Pnumber>ii</Pnumber><P4para><Text>1.394 square metres, if it is carried at the back.</Text></P4para></P4></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/4" id="schedule-5-paragraph-12-4"><Pnumber>4</Pnumber><P2para><Text>In sub-paragraph (2) above “<Term id="term-permitted-goods-or-burden">permitted goods or burden</Term>” means goods or burden the haulage of which is permissable under paragraph 2(1) of Schedule 3 to this Act.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/5/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/5" id="schedule-5-paragraph-12-5"><Pnumber>5</Pnumber><P2para><Text>Sub-paragraph (2) above does not apply—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/5/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/5/a" id="schedule-5-paragraph-12-5-a"><Pnumber>a</Pnumber><P3para><Text>to the use of a vehicle on a public road more than 15 miles from a farm occupied by the person in whose name the vehicle is registered under this Act;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/5/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/5/b" id="schedule-5-paragraph-12-5-b"><Pnumber>b</Pnumber><P3para><Text>to three-wheeled vehicles; or</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/5/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/5/c" id="schedule-5-paragraph-12-5-c"><Pnumber>c</Pnumber><P3para><Text>to any vehicle in respect of which the distance between the centre of the area of contact with the road surface of the relevant wheel and that of the nearest wheel on the other side of the vehicle is less than 1.22 metres.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/6/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/6" id="schedule-5-paragraph-12-6"><Pnumber>6</Pnumber><P2para><Text>In sub-paragraph (5)(c) above “<Term id="term-relevant-wheel">relevant wheel</Term>” means—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/6/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/6/a" id="schedule-5-paragraph-12-6-a"><Pnumber>a</Pnumber><P3para><Text>in a case where only one appliance is being used for the carriage of goods or burden and that appliance is fitted to the back of the vehicle, a back wheel; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/6/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/6/b" id="schedule-5-paragraph-12-6-b"><Pnumber>b</Pnumber><P3para><Text>in any other case, any wheel on a side of the vehicle.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/12/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/12/7" id="schedule-5-paragraph-12-7"><Pnumber>7</Pnumber><P2para><Text>For the purposes of this paragraph a vehicle which has two wheels at the front shall, if the distance between them (measured between the centres of their respective areas of contact with the road) is less than 46 centimetres, be treated as a three-wheeled vehicle.</Text></P2para></P2></P1para></P1></P1group><P1group Layout="below" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false"><Title/><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13" id="schedule-5-paragraph-13"><Pnumber>13</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13/1" id="schedule-5-paragraph-13-1"><Pnumber>1</Pnumber><P2para><Text>This paragraph shall have effect in relation to any vehicle fitted with an appliance of any description prescribed for the purposes of all or any of the provisions of this paragraph by regulations under this paragraph.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13/2" id="schedule-5-paragraph-13-2"><Pnumber>2</Pnumber><P2para><Text>The limitation in paragraph 12(2) above to one appliance shall have effect as a limitation to two appliances of which at least one must be an appliance prescribed for the purposes of this sub-paragraph ; but if two appliances are used they must be fitted at opposite ends of the vehicle.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/3/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13/3" id="schedule-5-paragraph-13-3"><Pnumber>3</Pnumber><P2para><Text>Regulations under this paragraph may provide for all or any of the following matters where an appliance prescribed for the purposes of this paragraph is being used, that is to say, that paragraph 12(2) above shall not apply unless the prescribed appliance is fitted to the prescribed end of the vehicle, or unless the use of the prescribed or any appliance is limited to prescribed goods or burden or to use in prescribed circumstances.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/4/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13/4" id="schedule-5-paragraph-13-4"><Pnumber>4</Pnumber><P2para><Text>Regulations under this paragraph may provide that paragraph 12(3)(c) above shall not have effect in relation to appliances prescribed for the purposes of this sub-paragraph, but that in relation to those appliances paragraph 12(5)(a) above shall have effect with the substitution of such shorter distance as may be prescribed.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/13/5/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/13/5" id="schedule-5-paragraph-13-5"><Pnumber>5</Pnumber><P2para><Text>In sub-paragraphs (2) to (4) above references to use are references to use for the carriage of goods or burden ; and regulations under this paragraph may make different provision in relation to different descriptions of prescribed appliances.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/tractor-units-used-with-semitrailers-having-only-one-axle-when-duty-paid-by-reference-to-use-with-semitrailers-having-more-than-one-axle/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/tractor-units-used-with-semitrailers-having-only-one-axle-when-duty-paid-by-reference-to-use-with-semitrailers-having-more-than-one-axle" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-tractor-units-used-with-semitrailers-having-only-one-axle-when-duty-paid-by-reference-to-use-with-semitrailers-having-more-than-one-axle"><Title> Tractor units used with semi-trailers having only one axle when duty paid by reference to use with semi-trailers having more than one axle<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14" id="schedule-5-paragraph-14"><Pnumber>14</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/1" id="schedule-5-paragraph-14-1"><Pnumber>1</Pnumber><P2para><Text>This paragraph applies in any case where—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/1/a" id="schedule-5-paragraph-14-1-a"><Pnumber>a</Pnumber><P3para><Text>a vehicle licence has been taken out for a tractor unit having two axles which is to be used only with semi-trailers with not less than two axles or for a tractor unit having two axles which is to be used only with semi-trailers with not less than three axles; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/1/b" id="schedule-5-paragraph-14-1-b"><Pnumber>b</Pnumber><P3para><Text>the rate of duty paid on taking out the licence is equal to or exceeds the rate of duty applicable to a tractor unit having two axles—</Text><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/1/b/i/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/1/b/i" id="schedule-5-paragraph-14-1-b-i"><Pnumber>i</Pnumber><P4para><Text>which has a plated train weight equal to the maximum laden weight at which a tractor unit having two axles may lawfully be used in Great Britain with a semi-trailer with a single axle; and</Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/1/b/ii/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/1/b/ii" id="schedule-5-paragraph-14-1-b-ii"><Pnumber>ii</Pnumber><P4para><Text>which is to be used with semi-trailers with any number of axles.</Text></P4para></P4></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/14/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/14/2" id="schedule-5-paragraph-14-2"><Pnumber>2</Pnumber><P2para><Text>If, in a case to which this paragraph applies, the tractor unit is used with a semi-trailer with a single axle and, when so used, the laden weight of the tractor unit and semi-trailer taken together does not exceed the maximum laden weight mentioned in sub-paragraph (1)(b)(i) above, the tractor unit shall, when so used, be taken to be licensed in accordance with the requirements of this Act.</Text></P2para></P2></P1para></P1></P1group></Pblock><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/I/crossheading/interpretation/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/I/crossheading/interpretation" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictEndDate="1994-09-01" Match="false" id="schedule-5-part-I-crossheading-interpretation"><Title> Interpretation<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15" id="schedule-5-paragraph-15"><Pnumber>15</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1" id="schedule-5-paragraph-15-1"><Pnumber>1</Pnumber><P2para><Text>In this Schedule, unless the context otherwise requires—</Text><UnorderedList Decoration="none" Class="Definition"><ListItem><Para><Text>“<Term id="term-agricultural-machine">agricultural machine</Term>” has the same meaning as in Schedule 3 to this Act;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-axle">axle</Term>” includes—</Text></Para></ListItem></UnorderedList><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/i/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/i" id="schedule-5-paragraph-15-1-i"><Pnumber>i</Pnumber><P3para><Text>two or more stub axles which are fitted on opposite sides of the longitudinal axis of the vehicle so as to form—</Text><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/i/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/i/a" id="schedule-5-paragraph-15-1-i-a"><Pnumber>a</Pnumber><P4para><Text>a pair in the case of two stub axles, and</Text></P4para></P4><P4 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/i/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/i/b" id="schedule-5-paragraph-15-1-i-b"><Pnumber>b</Pnumber><P4para><Text>pairs in the case of more than two stub axles,</Text></P4para></P4></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/ii/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/ii" id="schedule-5-paragraph-15-1-ii"><Pnumber>ii</Pnumber><P3para><Text>a single stub axle which is not one of a pair; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/iii/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/iii" id="schedule-5-paragraph-15-1-iii"><Pnumber>iii</Pnumber><P3para><Text>a retractable axle;</Text></P3para></P3><UnorderedList Decoration="none" Class="Definition"><ListItem><Para><Text>“<Term id="term-basic-rate-of-duty">basic rate of duty</Term>” has the meaning given by paragraph 1(2);</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-business">business</Term>” includes the performance by a local or public authority of its functions;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-farmers-goods-vehicle">farmer’s goods vehicle</Term>” means, subject to paragraph 10(2) above, a goods vehicle registered under this Act in the name of a person engaged in agriculture and used on public roads solely by him for the purpose of the conveyance of the produce of, or of articles required for the purposes of, the agricultural land which he occupies, and for no other purposes;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-fishermens-tractor">fishermen’s tractor</Term>” has the same meaning as in Schedule 3 to this Act;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-goods-vehicle">goods vehicle</Term>” means a mechanically propelled vehicle (including a tricycle as defined in Schedule 1 to this Act and weighing more than 425 kilograms unladen) constructed or adapted for use and used for the conveyance of goods or burden of any description, whether in the course of trade or otherwise;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-mobile-crane">mobile crane</Term>” has the same meaning as in Schedule 3 to this Act;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-rigid-goods-vehicle">rigid goods vehicle</Term>” means a goods vehicle which is not a tractor unit;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-showmans-goods-vehicle">showman’s goods vehicle</Term>” means a showman’s vehicle which is a goods vehicle and is permanently fitted with a living van or some other special type of body or superstructure, forming part of the equipment of the show of the person in whose name the vehicle is registered under this Act;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-showmans-vehicle">showman’s vehicle</Term>” has the same meaning as in Schedule 3 to this Act;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-stub-axle">stub axle</Term>” means an axle on which only one wheel is mounted;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-tower-wagon">tower wagon</Term>” means a goods vehicle—</Text></Para></ListItem></UnorderedList><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/a" id="schedule-5-paragraph-15-1-a"><Pnumber>a</Pnumber><P3para><Text>into which there is built, as part of the vehicle, any expanding or extensible contrivance designed for facilitating the erection, inspection, repair or maintenance of overhead structures or equipment; and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/1/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/1/b" id="schedule-5-paragraph-15-1-b"><Pnumber>b</Pnumber><P3para><Text>which is neither constructed nor adapted for use nor used for the conveyance of any load, except such a contrivance and articles used in connection therewith;</Text></P3para></P3><UnorderedList Decoration="none" Class="Definition"><ListItem><Para><Text>“<Term id="term-tractor-unit">tractor unit</Term>” means a goods vehicle to which a semi-trailer may be so attached that part of the semi-trailer is super-imposed on part of the goods vehicle and that when the semi-trailer is uniformly loaded not less than 20 per cent. of the weight of its load is borne by the goods vehicle;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-trailer">trailer</Term>” shall be construed in accordance with sub-paragraph (2) below;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-unladen-weight">unladen weight</Term>” has the same meaning as it has for the purposes of the <CommentaryRef Ref="c13234611"/>Road Traffic Act 1972 by virtue of section 194 of that Act; and</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-works-truck">works truck</Term>” has the same meaning as in Schedule 3 to this Act.</Text></Para></ListItem></UnorderedList></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2" id="schedule-5-paragraph-15-2"><Pnumber>2</Pnumber><P2para><Text>In this Schedule “<Term id="term-trailer">trailer</Term>” does not include—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/a/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2/a" id="schedule-5-paragraph-15-2-a"><Pnumber>a</Pnumber><P3para><Text>an appliance constructed and used solely for the purpose of distributing on the road loose gritting material;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/b/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2/b" id="schedule-5-paragraph-15-2-b"><Pnumber>b</Pnumber><P3para><Text>a snow plough;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/c/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2/c" id="schedule-5-paragraph-15-2-c"><Pnumber>c</Pnumber><P3para><Text>a road construction vehicle as defined in section 4(2) of this Act;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/d/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2/d" id="schedule-5-paragraph-15-2-d"><Pnumber>d</Pnumber><P3para><Text>a farming implement not constructed or adapted for the conveyance of goods or burden of any description, when drawn by a farmer’s goods vehicle;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/paragraph/15/2/e/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/paragraph/15/2/e" id="schedule-5-paragraph-15-2-e"><Pnumber>e</Pnumber><P3para><Text>a trailer used solely for the carriage of a container for holding gas for the propulsion of the vehicle by which it is drawn, or plant and materials for producing such gas.</Text></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00005" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00006" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00007" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00008" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00009" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00010" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00011" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00012" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00013" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00014" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00015" Height="auto" Width="auto"/></Figure><P3para><Text/></P3para><Figure Orientation="portrait" ImageLayout="vertical"><Image ResourceRef="r00016" Height="auto" Width="auto"/></Figure></P3></P2para></P2></P1para></P1></P1group></Pblock></Part><Part DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/5/part/B/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/5/part/B" NumberOfProvisions="1" RestrictExtent="E+W+S+N.I." RestrictStartDate="1991-10-01" id="schedule-5-part-B"><Number> <Strong/> <CommentaryRef Ref="c13234741"/>Part B</Number><Title><CommentaryRef Ref="c13234741"/>. . .

16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Schedule 6 Betting and Gaming DutiesSection 8.Part I General1In this Schedule—the “1981 Act” means the Betting and Gaming Duties Act 1981; andthe “1972 Act” means the Miscellaneous Transferred Excise Duties Act (Northern Ireland) 1972.Part II2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part III Gaming Licence Duty3In section 14 of the 1981 Act (rate of duty) for the Table set out in subsection (1) there shall be substituted the following Table— Table
Part of gross gaming yieldRate
The first £500,0005 per cent.
The next £1,750,00012½ per cent.
The remainder25 per cent.
.Part IV Bingo Duty4In section 17 of the 1981 Act (bingo duty) in subsection (2)(a) (duty by reference to amount paid for bingo cards) after the words “the money taken” there shall be inserted the words “ (if any) ”.51Schedule 3 to the 1981 Act (exemptions from bingo duty) shall have effect subject to the following provisions of this paragraph.2For paragraphs 2, 3 and 4 there shall be substituted the following paragraph— Small-scale bingo21Bingo duty shall not be charged in respect of bingo promoted by any person and played on any day in a week (the “chargeable week”) at any premises, other than premises which are licensed under the Gaming Act 1968, if—awhere a person’s eligibility to particpate in that bingo depends upon his being a member of a particular society or his being a guest of such a member or of the society—ithe total value of the prizes won on any day in a relevant week at those premises in bingo played by members of that society or by guests of such members or of the society does not exceed £300; andiithe total value of prizes won during any relevant week at those premises in bingo played by any such persons does not exceed £1,000; andbin any other case—ithe total value of the prizes won on any day in a relevant week at those premises in bingo promoted by that person does not exceed £300; andiithe total value of the prizes won during any relevant week at those premises in bingo promoted by that person does not exceed £1,000.2In sub-paragraph (1) above—“relevant week”, in relation to any chargeable week, means (subject to sub-paragraph (3) below that week or any of the preceding twelve weeks; and“society” includes any club, institution, organisation or association of persons, by whatever name called, and any separate branch or section of such club, institution, organisation or association but a branch or section shall not be treated as a separate branch or section unless it occupies separate premises.3For the purposes of this paragraph there shall be disregarded any bingo which—ais played in any week beginning before 27th September 1982; orbis exempt from duty by virtue of paragraph 5 or 6 below.3In paragraph 10 (registration of bingo promoters)—athe following sub-paragraph shall be inserted after sub-paragraph (1)—1AAny person who is a bingo-promoter but is not registered as such and is not a person to whom sub-paragraph (1) above applies shall within five days of the date on which he became a bingo-promoter (disregarding any day which is a Saturday or Sunday or a Bank Holiday) notify the Commissioners of that fact and of the place where the bingo was and (if he intends to continue to promote the playing of bingo which will or may be chargeable with duty) is to be played and apply to be registered as a bingo-promoter.; andbin sub-paragraph (2) of that paragraph for the words “notifies his intention as aforesaid” there shall be su8bstituted the words “ gives notice to the Commissioners under sub-paragraph (1) or (1A) above ” and at the end of that sub-paragraph there shall be inserted the words—Conditions shall not be imposed under this sub-paragraph if the premises at which the bingo in question is or is to be played are not licensed under the Gaming Act 1968..4In paragraph 12 (preservation of records by bingo-promoters)—ain sub-paragraph (1) for the word “bingo-promoter” there shall be substituted the words “ promoter of bingo other than bingo which is exempt from duty by virtue of paragraph 1, 5 or 6 above ”;bin sub-paragraph (3) for the words “A bingo-promoter” there shall be substituted the words “ Any such promoter of bingo ”; andcin sub-paragraph (4) for the word “bingo-promoters” there shall be substituted the words “ such promoters of bingo as aforesaid ”.5In paragraph 15 (computation of amount of payments for cards and of the value of prizes) in sub-paragraph (1)—afor the words from “a bingo-promoter” to “any prize” there shall be substituted the words “ a promoter of bingo as to the amount taken by him or on his behalf on a particular occasion as payment by players for cards or as to the value of the prizes won in bingo promoted by him or by any other promoter on one or more occasions, ”;bin sub-paragraph (a) for the words “the bingo-promoter” there shall be substituted the words “ the promoter ”; andcin sub-paragraph (b) after the words “amount of duty” there shall be inserted the words “ (if any) ”.6The following sub-paragraph shall be inserted in paragraph 15 after sub-paragraph (3)—4In any case where a promoter of bingo disputes the amount of duty chargeable to and recoverable from him by reference to bingo which is chargeable to duty by reason only that one or other (or both) of the conditions specified in sub-paragraph (1)(a) of paragraph 2 above is not satisfied with respect to that bingo, any information obtained in pursuance of this Schedule relating to bingo promoted by any other person may be disclosed to him and shall be admissible in evidence in any proceedings against him.Part V Gaming Machine Licence Duty Great Britain6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12In subsection (6) of section 24 of the 1981 Act (penalty for knowingly or recklessly contravening section 24) for sub-paragraph (a) there shall be substituted the following sub-paragraph—aon summary conviction to a penalty—iof the prescribed sum, oriiof an amount equal to three times the amount of duty payable on a whole-year gaming machine licence for those premises and that machine or, where more than one machine has been provided on those premises in contravention of this section, those machines (whether or not the duty has been paid),whichever is the greater, or to imprisonment for a term not exceeding six months or to both such penalty and imprisonment;.13In subsection (4) of section 25 of the 1981 Act (gaming machines playable by more than one person)—aafter the words “a machine” in the second place where they occur, there shall be inserted the words “ other than a two-penny machine ”;bin paragraph (a) for “2p” there shall be substituted “ 5p ”;cin paragraph (b) for the words from the beginning to “5p” there shall be substituted the words “ in a case not falling within paragraph (a) above; ” anddparagraph (c) shall be omitted.141In section 26 of the 1981 Act, in subsection (2) (interpretation) for the definition of “penny machine” there shall be substituted the following definition:—“two-penny machine” means a gaming machine which can only be played by the insertion into the machine of a coin or coins of a denomination, or aggregate denomination, not exceeding 2p.2At the end of that section there shall be inserted the following subsection:—4Where the game playable by means of a gaming machine can be played more than once for the insertion of a coin or coins of a denomination, or aggregate denomination, exceeding any sum in pence mentioned in section 22(5) or subsection (2) above, the machine is to be treated for the purposes of those provisions as if it can only be played by the insertion into it of a coin of a denomination not exceeding that sum if, in effect, the amount payable to play the game once does not exceed that sum or, where the machine provides differing numbers of games in differing circumstances, cannot exceed that sum.15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17In paragraph 13 of Schedule 4 to the 1981 Act (regulations as to the marking of gaming machines) for the words from “the higher rate” to “penny machines” there shall be substituted the words “ or the higher rate or, as the case may be, as being two-penny machines ”.<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/6/paragraph/18/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/6/paragraph/18" id="schedule-6-paragraph-18"><Pnumber PuncAfter="—24.">18</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13234911"/></Text></P1para></P1></Pblock></Part></ScheduleBody></Schedule><Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/7/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/7" id="schedule-7"><Number>Schedules 7—10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13234921"/></Number><ScheduleBody><P><Text/></P></ScheduleBody></Schedule><Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/8/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/8" id="schedule-8"><Number>Schedules 11, 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13234931"/></Number><ScheduleBody><P><Text/></P></ScheduleBody></Schedule><Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/13/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/13" NumberOfProvisions="11" RestrictExtent="E+W+S+N.I." id="schedule-13" RestrictStartDate="1992-03-06"><Number> <CommentaryRef Ref="c13234951"/>Schedule 13</Number><ScheduleBody><Part DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/13/part/I/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/13/part/I" NumberOfProvisions="7" RestrictExtent="E+W+S+N.I." RestrictStartDate="1992-03-06" id="schedule-13-part-I"><Number> <CommentaryRef Ref="c13234971"/>Part I</Number><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1982/39/schedule/13/part/I/crossheading/part-disposals/2011-04-22" IdURI="http://www.legislation.gov.uk/id/ukpga/1982/39/schedule/13/part/I/crossheading/part-disposals" NumberOfProvisions="1" id="schedule-13-part-I-crossheading-part-disposals"><Title> Part disposals1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Disposals on a no-gain/no-loss basis2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .<Addition ChangeId="d29p3561"><CommentaryRef Ref="c13235071"/> Subsequent disposals following no-gain/no-loss disposals</Addition>3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Receipts etc. which are not treated as disposals but affect relevant allowable expenditure4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Reorganisations, reconstructions etc.5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Calls on shares etc.6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Options7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part II8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Schedules 14—17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 18 Alternative Valuation of Ethane Used for Petrochemical PurposesSection 134. The election11An election shall be made—ain so far as it is to apply to ethane which is relevantly appropriated, by the participator alone; andbin so far as it is to apply to ethane which is disposed of, by the particpator and the person to whom it is disposed of.2An election shall be made in such form as may be prescribed by the Board and shall—aidentify, by reference to volume, chemical composition and initial treatment, the ethane to which the election is to apply;bspecify the period, beginning on or after the date of the election and not exceeding fifteen years, which is covered by the election;cspecify the price formula which is to apply for determining the market values of ethane during that period;dspecify the petrochemical purposes for which ethane to which the election applies will be used; andespecify the place to or at which any such ethane is to be delivered or appropriated.3The reference in sub-paragraph (2)(a) above to initial treatment is a reference to such initial treatment (if any) as the ethane will have been subjected to before it is disposed of or relevantly appropriated. Conditions for acceptance of an election21Subject to sub-paragraphs (2) and (3) below, the Board shall accept an election if they are satisfied that, under a relevant contract (as defined in paragraph 3 below) for the sale at arm’s length of the ethane to which the election applies, the contract prices would not differ materially from the market values determined in accordance with the price formula specified in the election ; and if the Board are not so satisfied they shall reject the election.2The Board shall reject an election if they are not satisfied that the price formula specified in the election is such that the market value of ethane disposed of or relevantly appropriated at any time during the period covered by the election will be readily ascertainable either by reference to the price formula alone or by reference to that formula and to information—awhich is, or is expected to be at that time, publicly available; andbwhich is not related or dependent, in whole or to any substantial degree, to or on the activities of the person or persons making the election or any person connected or associated with him or them.3The Board shall reject an election if, after receiving notice in writing from the Board, the person or, as the case may be, either of the persons by whom the elction was made—afails to furnish to the Board, before the appropriate date, any information which the Board may reasonably require for the purpose of determining whether the election should be accepted; orbfails to make available for inspection, before the appropriate date, by an officer authorised by the Board any books, accounts or documents in his possession or power which contain any information relevant for that purpose.4In sub-paragraph (3) above “the appropriate date” means such date as may be specified in the notice concerned, being a date not earlier than one month after the date on which the notice was given.5Any notice under sub-paragraph (3) above shall be given within the period of three months beginning on the date of the election in question.31In paragraph 2 above “relevant contract” means a contract which is entered into,—aif the price formula specified in the election is derived from an actual contract which is identified in the election and was entered into not more than two years before the date of the election, at the time at which that contract was entered into, andbin any other case, at the time of the election in question,and which incorporates the terms specified in sub-paragraph (2) below, but it is not necessarily a contract for the sale of ethane for petrochemical purposes.2The terms referred to in sub-paragraph (1) above are—athat the ethane is required to be delivered at the place in the United Kingdom or another country at which the seller could reasonably be expected to deliver it or, if there is more than one such place, the one nearest to the place of extraction; andbthat the price formula may be varied only in the event of a substantial and lasting change in the economic circumstances surrounding or underlying the contract and that any such variation may not take place before the expiry of the period of five years beginning on the date of the first delivery of ethane during the period covered by the election. Notice of acceptance or rejection41Notice of the acceptance or rejection of an election shall be given to the party or, as the case may be, each of the parties to the election before the expiry of the period of three months beginning on—athe date of the election, orbif a notice has been given under paragraph 2(3) above relating to the election, the date or, as the case may be, the last date which is the appropriate date, as defined in paragraph 2(4) above, in relation to such a notice.2If no such notice of acceptance or rejection is so given, the Board shall be deemed to have accepted the election and to have given notice of their acceptance on the last day of the period referred to in sub-paragraph (1) above.3After notice of the acceptance of an election has been given under this paragraph, a change in the identity of the participator or, where appropriate, of the person to whom the ethane in question is disposed of shall not, of itself, affect the continuing operation of the election. Market value ceasing to be readily ascertainable51In any case where—ait appears to the Board that, at some time during the period covered by an election, the market value of ethane to which the election applies has ceased or is ceasing to be readily ascertainable as mentioned in paragraph 2(2) above, andbthe Board give notice of that fact to the party or, as the case may be, each of the parties to the election and in that notice specify a date for the purposes of this paragraph (which may be a date earlier than that on which the notice is given),then, subject to sub-paragraph (2) below, on the date so specified the election shall cease to have effect.2If—awithin the period of three months beginning on the date of a notice under sub-paragraph (1)(b) above, the party or parties to the elction by notice in writing given to the Board specify a new price formula, andbthe new price formula is accepted by the Board in accordance with paragraph 7 below,the election shall continue to have effect and, subject to paragraph 9 below, for the purpose of determining the market value, on and after the date specified in the notice under sub-paragraph (1)(b) above, of ethane to which the election applies, section 134 of this Act shall have effect as if the new price formula were the formula specified in the election. Price formula ceasing to give realistic market values61If, at any time after the expiry of the period of five years beginning on the date of the first delivery or relevant appropriation of ethane during the period covered by an election,—ait appears to the party or parties to the election or, as the case may be, to the Board that, by reason of any substantial and lasting change in any economic circumstances which were relevant at the time referred to in paragraph 3(1) above, the market values determined in accordance with the price formula specified in the election are no longer realistic; andbthe party or parties to the election give notice of that fact to the Board, or the Board give notice of that fact to the party or, as the case may be, each of the parties to the election,then, subject to the following provisions of this paragraph, sub-paragraph (2) below shall apply.2Where this sub-paragraph applies, the election shall not have effect with respect to any chargeable period beginning after the date of the notice under sub-paragraph (1)(b) above.3Before the expiry of the period of three months beginning on the date on which a notice under sub-paragraph (1)(b) above given by the party or parties to the election is received by the Board, the Board shall give notice of acceptance or rejection of that notice to the party or parties concerned; andaif the Board give notice of rejection, sub-paragraph (2) above shall not apply; andbif no notice of acceptance or rejection is in fact given as required by this sub-paragraph, the Board shall be deemed to have given notice of acceptance on the last day of the period of three months referred to above.4If a notice under sub-paragraph (1)(b) above which has been given by the party or parties to the election contains a new price formula, the Board shall first consider the notice without regard to that formula and if, followingnupon that consideration, the Board give a notice of acceptance under sub-paragraph (3) above, they shall then proceed to consider the new price formula.5In any case where—asub-paragraph (4) above applies and the new price formula contained in the notice under sub-paragraph (1)(b) above is accepted by the Board in accordance with paragraph 7 below, orbwithin the period of three months beginning on the date of a notice given by the Board under sub-paragraph (1)(b) above, the party or parties to the election by notice in writing given to the Board specify a new price formula which is accepted by the Board in accordance with paragraph 7 below,sub-paragraph (2) above shall not apply and for the purpose of determining, for any chargeable period beginning after the date of the notice under sub-paragraph (1)(b) above, the market value of ethane to which the election applies, section 134 of this Act shall have effect as if the new price formula were the formula specified in the election.6If, by virtue of sub-paragraph (5) above or an appeal under paragraph 8 below, a new price formula has effect for determining the market value of ethane to which an election applies, sub-paragraph (1) above shall thereafter have effect in relation to the market value of any such ethane as if—athe reference therein to the date of the first delivery or relevant appropriation of ethane during the period covered by the election, andbthe reference therein to the time referred to in paragraph 3(1) above,were each a reference to the beginning of the first chargeable period for which the new price formula has effect. Acceptance or rejection of new price formula71Subject to sub-paragraph (3) below, the Board shall accept a new price formula specified in a notice under paragraph 5(2) above if they are satisfied that the new formula provides for readily ascertainable market values which correspond, so far as practicable, with those which were intended to be provided for under the original price formula ; and if the Board are not so satisfied they shall reject such a new price formula.2Subject to sub-paragraph (3) below, sub-paragraphs (1) and (2) of paragraph 2 above and paragraph 3 above shall apply to determine whether the Board shall accept—aa new price formula contained in a notice under paragraph 6(1)(b) above which has been accepted by the Board under paragraph 6(3) above, orbif the Board have given notice under paragraph 6(1)(b) above, a new price formula specified in a notice under paragraph 6(5)(b) above,as if the new price formula were specified in an election made at the time the notice under paragraph 6(1)(b) above was given.3The Board shall reject such a new price formula as is referred to in sub-paragraph (1) or sub-paragraph (2) above if, after receiving notice in writing from the Board, the party or, as the case may be, either of the parties to the election—afails to furnish to the Board, before the appropriate date, any information which the Board may reasonably require for the purpose of determining whether the new formula should be accepted in accordance with sub-paragraph (1) or, as the case may be, sub-paragraph (2) above, orbfails to make available for inspection, before the appropriate date, by an officer authorised by the Board nay books, accounts or documents in his possession or power which contain information relevant for that purpose.4Sub-paragraph (4) of paragraph 2 above applies in relation to sub-paragraph (3) above as it applies in relation to sub-paragraph (3) of that paragraph.5Notice of the acceptance or rejection of a new price formula—aspecified in a notice under paragraph 5(2) or paragraph 6(5)(b) above, orbcontained in a notice under paragraph 6(1)(b) above which has been accepted by the Board by a notice under paragraph 6(3) above,shall be given to the party or, as the case may be, each of the parties to the election concerned before the expiry of the period of three months beginning on the relevant date (as defined in sub-paragraph (6) below), and if no notice of acceptance or rejection is in fact given as required by this sub-paragraph, the Board shall be deemed to have accepted the formula and to have given notice of their acceptance on the last day of that period.6In sub-paragraph (5) above “the relevant date” means—aif a notice has been given under sub-paragraph (3) above relating to the price formula in question, the date or, as the case may be, the last date which is the appropriate date, within the meaning of that sub-paragraph, in relation to such a notice; andbif no such notice has been given, then—iin relation to a new price formula falling within paragraph (a) of sub-paragraph (5) above, the date on which the notice referred to in that paragraph was received by the Board; andiiin relation to a new price formula falling within paragraph (b) of that sub-paragraph, the date of the notice from the Board under paragraph 6(3) above.81Where the Board give notice to any person or persons—aunder paragraph 4 above, rejecting an election; orbunder paragraph 5 above, that the value of any ethane has ceased or is ceasing to be readily ascertainable; orcunder paragraph 6(1)(b) above, that a price formula is no longer realistic; ordunder paragraph 6(3) above, rejecting a notice given under paragraph 6(1)(b) above; oreunder paragraph 7(5) above, rejecting a new price formula;that person or, as the case may be, those persons acting jointly may appeal ... against the notice.2An appeal under sub-paragraph (1) above shall be made by notice in writing given to the Board within thirty days after the date of the notice in respect of which the appeal is brought.3Where at any time after the giving of notice of appeal under this paragraph and before the determination of the appeal by the tribunal, the Board and the appellant agree that the notice in respect of which the appeal is brought should be accepted or withdrawn or varied, the same consequences shall ensue as if the tribunal had determined the appeal to that effect.4 If an appeal under this paragraph is notified to the tribunal and the tribunal determines that the appeal should be allowed it shall allow the appeal and—awhere the appeal is against a notice of rejection of an election or proposed new price formula, the tribunal shall substitute a notice of acceptance of the election or price formula without modification or with such modifications as the tribunal thinks fit;bwhere the appeal is against a notice under paragraph 5 or paragraph 6(1)(b) above, the tribunal may direct that the price formula in question shall continue to have effect as if the notice had not been given; andcwhere the appeal is against a notice under paragraph 6(3) above rejecting a notice under paragraph 6(1)(b) above, the tribunal shall substitute a notice of acceptance.5Sub-paragraphs (2), (8) and (11) of paragraph 14 of Schedule 2 to the principal Act, and paragraphs 14A to 14I of that Schedule shall apply in relation to an appeal against any such notice as is referred to in sub-paragraph (1) above as they apply in relation to an appeal against any such notice as is referred to in sub-paragraph (1) above as they apply in relation to an appeal against an assessment or determination made under the principal Act, but with the substitution, for any reference to the participator, of a reference to the person or persons who gave notice of appeal under sub-paragraph (2) above and, in the case of paragraphs 14A to 14I of Schedule 2, with such other modifications as may be necessary.6Where notice of appeal is duly given against a notice given by the Board under paragraph 5 or paragraph 6(1)(b) above, the period of three months referred to in paragraph 5(2)(a) or, as the case may be, paragraph 6(5)(b) above shall not begin to run until the appeal is withdrawn or finally determined.7Any reference in section 134 of this Act or the preceding provisions of this Schedule to an election accepted by the Board shall be construed as including a reference to an election accepted in pursuance of an appeal under this paragraph. Returns9In any case where a notice under paragraph 5(1)(b) above or paragraph 6(1)(b) above relating to an election has been given to a party to the election or to the Board then, unless the notice has been withdrawn (whether in pursuance of an appeal or otherwise) or a price formula different from that to which the notice referred has effect as if specified in the election, any party to the election, in making a return under paragraph 2 of Schedule 2 to the principal Act with respect to ethane to which that election applies or which by virtue of that election falls within section 134(3) of this Act—awhere the notice was given under paragraph 5 above, may include the market value on and after the date specified in the notice of any such ethane determined on such basis as appears to him to be the best practical alternative to that provided by the price formula to which the notice referred; andbwhere the notice was given under paragraph 6 above, shall include the market valu of any such ethane determined in accordance with the price formula to which the notice referred. Penalties for incorrect information etc.101 Schedule 24 to the Finance Act 2007 (which penalises inaccurate documents and is in this paragraph referred to as “the penalty provisions”) shall apply, in accordance with sub-paragraph (2) or sub-paragraph (3) below, in relation to inaccurate information—acontained in an election; orbfurnished pursuant to a notice under paragraph 2(3) or paragraph 7(3) above; orccontained in any books, accounts or documents made available as mentioned in paragraph 2(3)(b) or paragraph 7(3)(b) above.2Where the inaccurate information is provided by a participator, the penalty provisions shall apply—aas they apply in relation to an incorrect return under paragraph 2 of Schedule 2 to the principal Act; andb. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3Where the incorrect information is provided by a person other than a participator, the penalty provisions shall apply—aas they apply to an incorrect return under paragraph 5 of Schedule 2 to the principal Act; andbas if that person were the responsible person for an oil field. Interpretation111Subsection (6) of section 134 of this Act has effect in relation to this Schedule as it has effect in relation to the preceding provisions of that section.2In this Schedule, any reference to an election is a reference to an election under section 134 of this Act ; and any reference to the date of an election is a reference to the date on which the election (made as mentioned in paragraph 1 above) is received by the Board.3Any reference in the preceding provisions of this Schedule to the party to an election is relevant only to an election applying to ethane which is relevantly appropriated and is a reference to the participator by whom the ethane is for the time being so appropriated.4Any reference in the preceding provisions of this Schedule to the parties to an election is relevant only to an election applying to ethane which is disposed of as mentioned in section 134(2)(a) of this Act and is a reference to the participator by whom and the person to whom the ethane is for the time being so disposed of.Schedule 19 Supplementary Provisions Relating to APRTSection 139(6).Part I Collection of Tax Payment of tax11APRT which a participator is liable to pay in respect of any chargeable period for an oilfield shall be due on the date on which the return for that period and that field is made by the participator in accordance with paragraph 2 of Schedule 2 to the principal Act or, if a return is not so made, on the last day of the second month following that period ; and APRT which is due shall be payable without the making of an assessment.2Subject to sub-paragraph (3) below, every participator in an oil field shall, at the time when he delivers to the Board the return for a chargeable period required by paragraph 2 of Schedule 2 to the principal Act—adeliver to the Board a statement showing whether any, and if so what, amount of APRT is payable by him for that chargeable period in respect of the field; andbsubject to the following provisions of this Schedule, pay to the Board the amount of APRT, if any, shown in the statement.3In relation to any oil field, sub-paragraph (2) above does not apply with respect to any chargeable period after the last of the . . . chargeable periods referred to in section 139(1)(b) of this Act.4The statement under sub-paragraph (2)(a) above shall in such form as the Board may prescribe.5Paragraphs 3, 8 and 9 of Schedule 2 to the principal Act shall apply in relation to statements required to be made under this paragraph as they apply in relation to returns required to be made under paragraph 2 of that Schedule.21Subject to sub-paragraph (2) below, if for any chargeable period for an oil field ending on or after 30th June 1983—aan amount of APRT is shown to be payable by the participator in the statement delivered by him in accordance with paragraph 1 above in respect of that period and that field; orban amount is payable by the participator on account of petroleum revenue tax in accordance with section 1 of the Petroleum Revenue Tax Act 1980 in respect of that period and that field; orcboth such amounts are so payable by the participator,then the participator shall pay to the Board six monthly instalments commencing in the second month of the next chargeable period each equal to one-eighth of the amount referred to in paragraph (a) or paragraph (b) above or, where paragraph (c) applies, of the aggregate of those amounts.2With respect to any chargeable period ending on or after 31st December 1984 sub-paragraph (1) above shall have effect as if—afor paragraphs (a) to (c) there were substituted the words “ an amount of tax is shown to be payable in the statement delivered in respect of that period in accordance with section 1(1)(a) of the Petroleum Revenue Tax Act 1980 ”; andbfor the words from “the amount referred to in paragraph (a)” onwards there shall be substituted the words “ that amount ”.3Instalments paid in accordance with sub-paragraph (1) above shall be regarded as being paid in respect of the next chargeable period referred to in that sub-paragraph.4The aggregate amount paid by a participator in accordance with sub-paragraph (1) above in respect of a chargeable period for an oil field—ato the extent that it is equal to or less than his liability, if any, to pay an amount of APRT under paragraph 1 above in respect of that oil field for that chargeable period shall be deemed to be an amount of APRT paid by him in respect of that field for that period; andbto the extent that it exceeds any such liability of his to pay an amount of APRT and is equal to or less than his liability, if any, to pay an amount in respect of that field for that period in accordance with paragraph (b) of subsection (1) of section 1 of the Petroleum Revenue Tax Act 1980 (payments on account of petroleum revenue tax), shall be deemed to be an amount paid by him under that paragraph.31Subject to paragraph (1A) below If in any month (the relevant month) a participator in an oil field—ahas not delivered (otherwise than to the Secretary of State) any of the oil which has been one from the field and disposed of by him at any time in or before that month; andbhas not relevantly appropriated any of the oil which has been so won by him at any such time,he shall be entitled to withhold the instalment due, under paragraph 2 above, for that field in the following month.1ASub-paragraph (1) above does not apply if the relevant month is a month in which any consideration (whether in the nature of income or capital) is received or receivable by the participator in respect of any such matter as is mentioned in paragraph (a) or (b) of section 6(2) of the Oil Taxation Act 1983 (chargeable tariff receipts).2An instalment shall not be withheld by virtue of the conditions in sub-paragraph (1) above being fulfilled in any month unless a notice to that effect, in such form as the Board may prescribe, is given to the Board before the end of the following month and—awhere the Board are not satisfied with any such notice, the powers conferred by paragraph 7 of Schedule 2 to the principal Act (production of accounts etc.) shall be exercisable as if the notice were a return under paragraph 2 of that Schedule; andbparagraph 8 of that Schedule (penalties) shall apply to an incorrect notice as it applies to an incorrect return under paragraph 2.4Certificates of tax deposit issued by the Treasury under section 12 of the National Loans Act 1968 on terms published on or before 14 th May 1979 may be used for making payments of APRT and of instalments under paragraph 2 above ; and for that purpose those terms shall have effect with the necessary modifications and as if the tax in or towards the payment of which a certificate is used were due—ain the case of APRT payable under paragraph 1 above, two months after the end of the chargeable period to which it relates;bin the case of an instalment payable under paragraph 2 above, at the end of the month in which the instalment is required to be paid. Assessments and appeals51Where it appears to the Board that any APRT payable in accordance with paragraph 1 above has not been paid on the due date they may make an assessment to tax on the participator and shall give him notice of any such assessment.2APRT due under an assessment under this paragraph shall be due within thirty days of the issue of the notice of assessment.3A notice of assessment shall state that the participator may appeal against the assessment in accordance with paragraph 7 below.4After the service of a notice of assessment the assessment shall not be altered except in accordance with the express provisions of this Part of this Schedule or any of the provisions of the Taxes Management Act 1970 which apply by virtue of paragraph 1 of Schedule 2 to the principal Act in relation to the assessment.61Where it appears to the Board that any gross profit charged to tax on a participator for any chargeable period in respect of an oil field by an assessment under paragraph 5 above ought to have been larger or smaller or that no gross profit accrued to the participator from that oil field during that chargeable period, they may make such amendments to the assessment or withdraw the assessment, as the case may require.2Where the Board amend an assessment under sub-paragraph (1) above they shall give notice to the participator of the amendment ; and sub-paragraphs (2) to (4) of paragraph 5 above shall apply in relation to a notice of assessment under paragraph 5.71A participator may appeal ... against an assessment or amendment of an assessment under paragraph 5 or paragraph 6 above by notice of appeal in writing to the Board given within thirty days of the date of issue of the notice of the assessment or amendment of assessment.2Sub-paragraphs (2) to (11) of paragraph 14 of and paragraphs 14A to 14I of Schedule 2 to the principal Act shall apply in relation to an appeal under this paragraph as they apply in relation to an appeal under sub-paragraph (1) of that paragraph except that—afor each reference in paragraph 14(3) to tax there shall be substituted a reference to APRT;bwhere in determining the gross profit accruing to a participator from a field in a chargeable period the aggregate of the amounts mentioned in paragraphs (a) to (c) of subsection (5) of section 2 of the principal Act falls to be increased under section 140 of this Act (whether as respects all oil or as respects a prticular kind or kinds of oil), the difference mentioned in paragraph 14(3)(b) (or as the case may be, the difference so far as relating to oil of the particular kind or kinds in question) shall be increased by multiplying it by the fraction mentioned in subsection (2) of section 140;cfor each reference in paragraph 14(10) to an assessable profit there shall be substituted a reference to a gross profit; ...dany reference in paragraph 14(10) to an allowable loss shall be omitted; andein the case of paragraphs 14A to 14I of Schedule 2, with such modifications as may be necessary8Paragraphs 5(2) to (4) and 7 above shall apply in relation to an assessment to APRT under section 142(1) of this Act as if it were an assessment under paragraph 5. Overpayment of tax91Where in respect of any oil field a participator has paid an amount of APRT for a chargeable period which exceeds the amount of APRT payable therefor the amount of that excess shall be repaid to him.2Where in respect of any oil field the amount paid for any chargeable period by a participator by way of instalments under paragraph 2 above exceeds the aggregate of his liabilities mentioned in sub-paragraph (4) of that paragraph, the amount of that excess shall be repaid to him. Interest101APRT payable for a chargeable period but not paid before the end of the second month after the end of that period shall carry interest from the end of that month until payment.2Any amount payable by a participator as an instalment in respect of a chargeable period for a field and not paid by him in the month in which it ought to be paid shall carry interest from the end of that month until—apayment of the amount, orbtwo months after the end of that period,whichever is the earlier.3Where, in accordance with paragraph 14 of Schedule 2 to the principal Act as applied by paragraph 7 above, APRT may be withheld until the determination or abandonment of an appeal, the interest on that APRT may also be withheld until the edetermination or abandonment of that appeal.4Where an amount of APRT or an amount paid by way of instalment becomes repayable, that amount shall carry interest from—atwo months after the end of the chargeable period in respect of which the APRT or the instalment was paid, orbthe date on which the amount was paid,whichever is the later, until the order for repayment is issued.5For the purposes of sub-paragraph (2) above a payment on account of an overdue instalment shall, so far as possible, be attributed to the earliest month for which an instalment is overdue ; and for the purposes of sub-paragraph (4) above any instalment or part of an instalment that becomes repayable shall, so far as possible, be regarded as consisting of the instalment most recently paid.6In its application (by virtue of paragraph 1 of Schedule 2 to the principal Act) to interest payable under sub-paragraph (1) or sub-paragraph (2) above, section 69n of the Taxes Management Act 1970 shall have effect with the omission of the words “ charged and due and payable under the assessment to which it relates ”.7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8Any reference in this paragraph to interest is a reference to interest at the rate applying under paragraph 15 of Schedule 2 to the principal Act. Transitional provisions111In any case where, by virtue of section 105 of the Finance Act 1980, a sum is paid by a participator as an advance payment of tax in respect of an oil field for the chargeable period ending on 30th June 1983 then,—ato the extent that the sum so paid does not exceed his liability to APRT for that period, it shall be deemed to be a payment of APRT for that period; andbsubsection (5) of that section (treatment of advance payments) shall apply to any such sum only to the extent that it exceeds that liability to APRT.2In subsection (7) of that section the reference to tax assessed on a participator in respect of a field for a chargeable period shall include, for the chargeable period ending on 30th June 1983, a reference to the amount (if any) of APRT payable by him in respect of that field for that period.121Every participator in an oil field shall in March 1983 and in each of the four succeeding months pay to the Board an amount equal to one-fifth of the amount, if any, shown in the statement delivered by the participator under paragraph 10(1)(a) of Schedule 16 to the Finance Act 1981 as supplementary petroleum duty payable by him in respect of the field for the chargeable period ending on 31st December 1982.2Paragraphs 2(4) and 9 above shall apply in relation to any payment made by the participator under sub-paragraph (1) above as if it were an instalment under paragraph 2 above paid in respect of the chargeable period ending on 30th June 1983 ; but for the purposes of this sub-paragraph the amount of the participator’s liability to pay any APRT as mentioned in paragraph 2(4) above shall be reduced by the amount of any APRT deemed to have been paid by him in accordance with paragraph 11 above.3Paragraphs 3, 4 and 10 above shall apply in relation to a payment under sub-paragraph (1) above as if it were an instalment under paragraph 2 above.131If, in respect of the chargeable period ending on 30th June 1983, any sum is payable by a participator in accordance with section 1 of the Petroleum Revenue Tax Act 1980, then, so far as the net amount of that sum is concerned, only one-fifth shall become payable at the time specified in that section and the remaining four-fifths shall be paid in four equal monthly instalments in the months of September to December 1983, inclusive.2The reference in sub-paragraph (1) above to the net amount of any sum payable in accordance with section 1 of the Petroleum Revenue Tax Act 1980 is a reference to the sum specified in paragraph (b) of subsection (1) of that section less any amount which is treated as (or deemed to be) paid as part of that sum—aby virtue of section 105(5) of the Finance Act 1980, as applied by paragraph 11(1)(b) above; orbby virtue of paragraph 2(4)(b) above, as applied by paragraph 12(2) above.3Any amount payable by a participator as an instalment by virtue of sub-paragraph (1) above and not paid by him in the month in which it ought to be paid shall carry interest from the end of that month until payment.4Paragraph 15 of Schedule 2 to the principal Act (interest on assessed tax) shall not apply in relation to so much of the tax charged in an assessment on the participator for the chargeable period referred to in sub-paragraph (1) above (excluding and APRT so charged) as is equal to or less than the net amount referred to in that sub-paragraph and payable by him, and in relation to so much if any of that tax as exceeds that net amount paragraph 15 shall apply with the substitution for the words “two months after the end of the period” of the words “ the end of October 1983 ”.5If, in respect of the chargeable period referred to in sub-paragraph (1) above, any amount of tax charged by an assessment to tax or paid on account of tax so charged becomes repayable under any provision of Part I of the principal Act, paragraph 16 of Schedule 2 to the principal Act (interest on such repayments) shall have effect in relation to that amount with the substitution for the words following “per annum” of the words “ from the end of October 1983 unti repayment ”.6Sub-paragraphs (5) to (8) of paragraph 10 above shall apply for the purposes of sub-paragraphs (3) and (5) above asd they apply for the purposes of sub-paragraphs (2) and (4) of paragraph 10.Part II Miscellaneous Repayment of APRT141If a participator in an oil field has an excess of APRT credit for the ninth chargeable period following the first chargeable period referred to in section 139(1)(a) of this Act, then, on the making of a claim the amount of that excess shall be repaid to him.2For the purposes of this paragraph there is an excess of APRT credit for the ninth chargeable period referred to in subparagraph (1) above if any of that credit would, apart from this paragraph, fall to be carried forward to the next chargeable period in accordance with section 139(4) of this Act; and the amount of the excess is the amount of the credit which would fall to be so carried forward.3A claim under sub-paragraph (1) above shall be made not earlier than two months after the expiry of the ninth chargeable period referred to in that sub-paragraph.4In any case where—aa claim is made under sub-paragraph (1) above before an assessment is made for the ninth chargeable period referred to in that sub-paragraph, andbthe APRT credit for that period exceeds the amount of tax which, in the statement delivered under section 1(1)(a) of the Petroleum Revenue Tax Act 1980, is shown to be payable by the participator concerned in accordance with the Schedule to that Act for that period in respect of the oilfield in question,the amount of the excess shall be repaid to the participator and that repayment shall be regarded as a payment on account of ny amount which may fall to be repaid to him by virtue of sub-paragraph (1) above.5Paragraph 10(4) above shall not apply to any amount of APRT which is repayable only on the making of a claim under sub-paragraph (1) above.6Amounts repaid to a participator by virtue of this paragraph shall be disregarded in computing his income for the purposes of income tax or corporation tax. Transfer of interest in fields151This paragraph has effect in a case where Part I of Schedule 17 to the Finance Act 1980 applies (transfer of interests in oil fields) and expressions used in the following provisions in this paragraph have the same meaning as in that Schedule.2For the purpose of determining whether the new participator is liable to pay an amount of APRT, but for no other purpose, subsection (1) of section 139 nof this Act shall apply as if any gross profit which at any time before the transfer had accrued to the old participator from the field had accrued at that time to the new participator or, if the transfer is of part of the old participator’s interest in the field, as if a corresponding part of that gross profit had at that time accrued to the new participator.3There shall be treated as the APRT credit of the new participator the whole or, if the transfer is of part of the old participator’s interest in the field, a corresponding part of so much, if any, of the old participator’s APRT credit in respect of that field for the transfer period as exceeds his liability for petroleum revenue tax for that period.4For the purposes of computing whether any, and if so what, amount of APRT is payable by the old participator and the new participator for the transfer period or any later chargeable period, it shall be assumed that any application or proposal made in relation to the transfer under paragraph 4 or paragraph 5(1) of Schedule 17 to the Finance Act 1980 and in respect of which the Board have not notified their decision will be accepted by the Board. Net profit periods161For the purposes of sections 111, 112 and 113 of the Finance Act 1981 (determination of ner profit periods etc.) the total assessable profits which have accrued to a participator from an oil field at the end of a chargeable period may in addition to being set against allowable losses be set against the APRT paid by the participator in respect of that oil field for chargeable periods up to and including that period and accordingly those sections shall have effect subject to the following modifications.2In subsection (2) of section 111 (calculation of net profit) for the words from “exceed the total” to the end there shall be substituted the words “ exceed the aggregate of the total allowable losses that have so accrued to him and the total amount of advance petroleum revenue tax paid by him in respect of that field for chargeable periods up to and including that period. ” and at the end of that subsection there shall be inserted the following subsection—2AFor the purposes of subsection (2) above the total amount of advance petroleum revenue tax paid by the participator does not include any amount of that tax repaid to him before the end of the chargeable period first referred to in that subsection or any amount of that tax subsequently repaid to him under section 142(1) of the Finance Act 1982 or under paragraph 9 of Schedule 19 to that Act..3In section 112 (application of section 111 where an interest in an oil field is transferred) the following subsection shall be inserted after subsection (4)—4ASubsections (2) and (2A) of section 111 shall have effect as if references to the amount of advance petroleum revenue tax paid by the new participator or repaid to him included references to the amount of that tax paid by or repaid to the old participator or, where the old participator has transferred part of his interest, such part of that amount as is just and reasonable..4In section 113 (relief where total allowable losses exceed total allowable profits after the net profit period) the following subsection shall be substituted for subsection (1)—1This section has effect where the aggregate of—athe total allowable losses that have accrued to a participator from an oil field in chargeable periods up to and including a chargeable period ending not more than three years after his net profit period, andbthe amount of advance petroleum revenue tax paid by him in respect of that field for those periods less any such tax repaid to him before the end of those periods or repaid subsequently under section 142(1) of the Finance Act 1982 or paragraph 9 of Schedule 19 to that Act,exceeds the total assessable profits (without any reduction under section 7 or 8 of the principal Act) that have so accrued to him.. Abandoned fields171The provisions of this paragraph apply where—athe responsible person for an oil field has given notice under paragraph 1 of Schedule 8 to the principal Act that the winning of oil from the field has permanently ceased;bhe has been notified of a decision (whether of the Board or on appeal from the Board) that the winning of oil has so ceased; andcthe date stated in that decision as the date on which the winning of oil from the field ceased is earlier than the expiry of the ninth chargeable period following the first chargeable period referred to in section 139(1)(a) of this Act.2Where a participator in the field in question has an amount of APRT credit—awhich cannot be set against a liability for petroleum revenue tax under section 139(3) of this Act, andbwhich is not repayable by virtue of any other provision of this Schedule,then, on the making of a claim, that amount shall be repaid to him.3Paragraph 10(4) above shall not apply to any amount of APRT which is repayable only on the making of a claim under sub-paragraph (2) above.4Any claim under sub-paragraph (2) above shall be made before any claim for any unrelievable field loss allowance under section 6 of the principal Act ; and any amount of APRT which is repayable by virtue of such a claim shall be left out of account in determining the amount of any such loss.5Amounts repaid to a participator under this paragraph shall be disregarded in computing his income for the purposes of income tax and corporation tax.Part III Amendments18In section 2 of the principal Act, at the beginning of subsection (4), there shall be inserted the words “ For the purposes of the tax (including advance petroleum revenue tax) ”.191In paragraph 13 of Schedule 2 to the principal Act for the words from “so far as” to “four months” there shall be substituted the words “ and payable shall be due within six months ”.2This paragraph has effect with respect to chargeable periods ending on or after 30th June 1983.20In sub-paragraph (2) and (4) of paragraph 5 of Schedule 3 to the principal Act (liability for petroleum revenue tax and interest in the case of transfers to associated companies) the references to tax and to interest payable under Part I of that Act shall include references to APRT and to interest payable under paragraph 10 or paragraph 13 above.21In section 1 of the Petroleum Revenue Tax Act 1980 (payments on account of petroleum revenue tax)—aat the end of paragraph (b) of subsection (1) (computation of payments) there shall be added the words “ less an amount equal to his APRT credit for that chargeable period in respect of that oil field. ”; andbin subsection (3) (repayment of excess) after the words “tax so charged” there shall be inserted the words “ less the amount of the APRT credit deducted in accordance with subsection (1)(b) above from the tax shown in the statement ”; andcthe following subsections shall be inserted after subsection (3)—3AIn subsections (1) and (3) above “APRT credit” has the meaning given by section 139(4) of the Finance Act 1982.3BParagraphs 3, 8 and 9 of Schedule 2 to the principal Act (penalties for failure to make returns under paragraph 2 of that Schedule) shall apply in relation to statements required to be made under subsection (1)(a) above as they apply in relation to returns required to be made under paragraph 2 of that Schedule.Schedule 20 National Savings AccountsSection 151.1The National Savings Bank Act 1971 shall have effect subject to the following amendments.2In subsection (2) of section 3 (provisions as to investment and ordinary deposits)—aafter the words “investment deposits” there shall be inserted the words “ and with respect to investment deposits of different descriptions ”; andbafter the words “investment deposit” there shall be inserted the words “ or an investment deposit of a particular description ”.31In section 4 (power by order to limit amount of deposits) the following subsection shall be inserted after subsection (1)—1AThe Treasury may by order prescribe an amount as the minimum balance for investment accounts and may provide for converting into a different description of investment account any account into which investment deposits of any description are made if the balance of that account falls below the minimum balance so prescribed for an account of that description.2At the end of paragraph (a) of subsection (2) of section 4 there shall be inserted the words “ and with respect to investment deposits of different descriptions ”.41In subsection (1) of section 5 (interest on ordinary deposits) after the words “other rate” there shall be inserted the words “ or rates ” and at the end of the subsection there shall be added the wordsand the Treasury may determine different rates of interest in relation to amounts deposited in any ordinary fdeposit account by reference to any one or more of the following factors, namely— athe balance of the account at any time or over any period or the aggregate balance of that account and the depositor’s other ordinary deposit accounts at any time or over any period; andbthe number of withdrawals from that account over any period or the number of withdrawals from that account and the depositor’s other ordinary deposit accounts.2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51In section 6 (interest on investment deposits) at the end of subsection (1) there shall be added the words “ and different terms may be prescribed in relation to different descriptions of investment deposits ”.2In subsection (2) of section 6, after the words “in relation to” there shall be inserted the words “ different descriptions of investment deposits and ”.3After subsection (2) of section 6 there shall be inserted the following subsection:—2AWithout prejudice to the generality of subsection (2) above, the Treasury may determine, in relation to an account into which investment deposits of any description are made, different rates of interest by reference to any one or more of the following factors, namely,—athe balance of that account at any time or over any period or the aggregate balance of the account and the depositor’s other accounts of the same description, or the depositor’s other investment accounts of any description, at any time or over any period; andbthe number of withdrawals from that account over any period or the number of withdrawals from that account and the depositor’s other accounts of the same description, or the depositor’s other investment accounts of any description, over any period.4In subsection (3) of section 6 for the words following “investment deposits” there shall be substituted the words “ or investment deposits of a particular description; and any such alteration may affect deposits received at or before, as well as after the time the alteration is made ”.6In section 7 (withdrawal of deposits)—ain subsection (1) for the words “deposit, or part of a deposit,” there shall be substituted the words “ ordinary deposit, or part of an ordinary deposit, ”; andbthe following subsection shall be substituted for subsection (2)—2The terms as to withdrawal of investment deposits shall be such as may from time to time be prescribed..7In subsection (1) of section 8 (matters which may be included in regulations under section 2 of the Act)—athe following paragraph shall be substituted for paragraph (b)—bfor the giving of statements of accounts or the issuing of depositors’ books and for prescribing the entries to be made in such books;; andbin paragraph (d) of that subsection (entries, etc. to be proof of certain matters) for the words “or acknowledgements made” there shall be substituted the words “ , acknowledgements or statements of accounts made or given ”.8In section 27 (interpretation) after the definition of “the Commissioners” there shall be inserted the following definition—“interest”, in relation to investment deposits, includes any bonus or other payment, whether payable annually or otherwise, which constitutes income derived from the whole or any part of the deposits.SCHEDULE 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE 22 RepealsSection 157.Part I Miscellaneous Customs and Excise and Value Added Tax
ChapterShort titleExtent of repeal
1981 c. 35.The Finance Act 1981.In section 1, subsections (1), (3) and (4).
Section 2.
In section 12, subsections (1) and (2).
Schedules 1 and 2.
Part II Vehicles Excise Duty
ChapterShort titleExtent of repeal
1971 c. 10.The Vehicles (Excise) Act 1971.In Schedule 6, paragraphs 3 and 5.
1972 c. 10 (N.I.).The Vehicles (Excise) Act (Northern Ireland) 1972.In Schedule 7, paragraphs 3 and 5.
1981 c. 56.The Transport Act 1981.Section 33.
Section 34.
Schedule 11.
1981 c. 35.The Finance Act 1981.In section 7, subsections (2) and (3).
In section 8, subsections (2) and (3).
Schedule 3.
Schedule 4.

The repeals in the Finance Act 1981 do not affect licences taken out before 10th March 1982.

Part III Gaming Machine Licence Duty
ChapterShort titleExtent of repeal
1972 c. 11 (N.I.).The Miscellaneous Transferred Excise Duties Act (Northern Ireland) 1972.In section 44, subsections (3)(c) and (6)(aa).
In paragraph 13 of Schedule 3 the words “the peak rate”.
1980 c. 48.The Finance Act 1980.In Schedule 6, paragraph 15(2) and (4).
1981 c. 35.The Finance Act 1981.Section 9(6).
1981 c. 63.The Betting and Gaming Duties Act 1981.In section 22, subsections (5)(c) and (6).
In section 25(4), the word “and”, at the end of paragraph (b), and paragraph (c).

These repeals do not affect licences for periods beginning before 1st October 1982.

Part IV Income and Corporation Tax: General
ChapterShort titleExtent of repeal
1970 c. 10.The Income and Corporation Taxes Act 1970.Section 8(2)(b)(ii).
Section 131(6).
Section 228(5).
Section 249(5).
Section 416(4).
1975 c. 45.The Finance (No. 2) Act 1975.Section 36(5)(a).
In section 36A(1), paragraph (a) and, in paragraph (b), the words “(including any interest paid in connection therewith)”.
1976 c. 40.The Finance Act 1976.Section 64A(7) and (8).
1980 c. 48.The Finance Act 1980.In Schedule 12, in paragraph 7(3) the words from “and a television set” onwards.
1981 c. 35.The Finance Act 1981.Section 24.
In section 27(3), the words “(except so far as made by virtue of section 4 of that Act)”.
In section 27(8) the word “and” where it appears at the end of paragraph (b).
Section 42(2)(c).
In section 68, subsections (2), (4) and (5).
1The repeals of sections 131(6) and 249(5) of the Income and Corporation Taxes Act 1970 have effect in relation to payments of interest made, and the repeal of section 416(4) has effect in relation to securities issued, after 5th April 1982.2The repeals in section 36 and 36A of the Finance (No. 2) Act 1975 have effect for the year 1982–83 and subsequent years of assessment.Part V Option Mortgage Schemes
Chapter or numberShort titleExtent of repeal
1967 c. 29.The Housing Subsidies Act 1967.Sections 24 to 32.
1969 c. 33.The Housing Act 1969.Sections 78 and 79.
1970 c. 10.The Income and Corporation Taxes Act 1970.In Schedule 15, the entry in Part II relating to the Housing Subsidies Act 1967.
1971 c. 68.The Finance Act 1971.Section 66.
1974 c. 44.The Housing Act 1974.Section 119.
Schedule 11.
1980 c. 51.The Housing Act 1980.Sections 114 to 116.
Schedule 14.
S.I. 1981/156 (N.I. 3).The Housing (Northern Ireland) Order 1981.Articles 141 to 152.

These repeals have effect on 1st April 1983, but subject to subsections (2) to (4) of section 27 of this Act.

Part VI Capital Gains
ChapterShort titleExtent of repeal
1979 c. 14.The Capital Gains Tax Act 1979.Section 55(2).
Section 56(2).
In section 146(3)—
the words “or 55”;
the words from “or (b)” to “paragraph 12”;
the words “or the assets are so held”;
the words from “or of the assets” to “(b) above”;
the words “and 55”.
In section 147(3), the words “or 55(1)”.
In Schedule 4—
in paragraph 2(1) the words “or 55(1)”;
paragraph 2(3)(b);
in paragraph 3(1)(a), the words “or 55(1)”.
1980 c. 48.The Finance Act 1980.In section 79(4), the words from “or” onwards.
In section 79(5), the words from “and where” onwards.
1981 c. 35.The Finance Act 1981.Section 78(1) and (3).

The repeals of section 55(2) and 56(2) of the Capital Gains Tax Act 1979 have effect in relation to interests terminating after 5th April 1982 and the remaining repeals have effect in relation to disposals after that date.

Part VII Capital Transfer Tax
ChapterShort titleExtent of repeal
1975 c. 7.The Finance Act 1975.In section 20(7) the words “(within the meaning of Schedule 5 to this Act)”.
Section 26(2A).
In section 51, in subsection (1) the definition of “capital distribution”, and in subsection (5) the words “(except paragraph 11(10) of Schedule 5)”.
In Schedule 4, in paragraphs 2(7), 12(4) and 19(1)(c) the words “or section 89 of the Finance Act 1980” and the words “or paragraph 3 of Schedule 15 to the Finance Act 1981”.
In Schedule 5—
paragraphs 6 to 15;
paragraph 16(5);
in paragraph 17, in sub-paragraph (1) the words “or (c) charities”, sub-paragraph (3)(c) to (e) and the word “and” immediately preceding paragraph (c), and sub-paragraphs (4) and (5) to (9);
in paragraph 18 (as it applies where the failure or determination of the trusts concerned was before 12th April 1978), sub-paragraphs (2) and (3);
in paragraph 19 (as it apples to property transferred into settlement before 10th March 1981), sub-paragraphs (2) and (3);
paragraphs 20 and 21;
in paragraph 24, sub-paragraph (4).
In Schedule 6, paragraphs 10(2), 11(1A), 12(2), 13(1A) and 15(6).
1976 c. 40.The Finance Act 1976.Section 79(2), (5) and (6).
Section 84.
In section 105, in subsection (1) the words “(2) and” and “paragraph 6(7) were omitted and”, and subsection (2).
Section 106.
Section 107(3) and (4).
Section 110(3).
In section 111, subsections (1) to (3), in subsection (4) the words from “after sub-paragraph (1)” to “Schedule 5 to this Act”, and subsection (5).
In section 118(2) the words from “and subsection (4)” onwards.
Section 118(4).
In Schedule 11, paragraph 4.
In Schedule 14, paragraphs 2, 3, 8, 11, 12, 13(c) and (d), 14, 15, 16 and 17.
1977 c. 36.The Finance Act 1977.Section 50.
In section 51, subsections (3) and (4).
1978 c. 42.The Finance Act 1978.In section 64, subsection (6), and in subsection (7) the words from the beginning to “and” and the word “other”.
In section 69, subsections (2) and (3), and in subsection (6) the words “6(6B) and 14(5)”.
Section 70.
In section 71(2) the words from “but” to the end.
In section 72(2) the words from “and” onwards.
In Schedule 11, paragraph 1.
1979 c. 47.The Finance (No. 2) Act 1979.Section 23.
1980 c. 48.The Finance Act 1980.In section 86, subsection (4), and in subsection (5) the words “and (4)”.
Section 88(1) to (6).
Sections 89 to 91.
In Schedule 15, paragraphs 3 and 4A, and in paragraph 5 the words “or 81(4)(b)”, “or a settlement which ceased to exist” and “or when the settlement ceased to exist”.
Schedule 16.
1981 c. 35.The Finance Act 1981.In section 92, subsection (3), in subsection (4) the words “or 81(4)(b),”, “or a settlement which ceased to exist” and “or when the settlement ceased to exist”, and subsection (5).
Section 99.
Section 102.
Schedule 15.
1The repeals of—asection 26(2A) of the Finance Act 1975,bparagraph 4A of Schedule 15 to the Finance Act 1980, andcsection 99 of and Schedule 15 to the Finance Act 1981,together with the repeals in Schedule 4 to the Finance Act 1975 relating to Schedule 15 to the Finance Act 1981, have effect in relation to deaths on or after 15th November 1976.2The repeal of paragraph 12(1) and (2) of Schedule 5 to the Finance Act 1975 has effect as from 1st January 1982.3The remaining repeals, except those in section 86 of the Finance Act 1980, have effect in relation to events after 8th March 1982 (or, in a case within Part II of Schedule 15 to this Act, 31st March 1983 or, as the case may be, 31st March 1984).Part VIII Stamp Duty
ChapterShort titleExtent of repeal
1974 c. 30.The Finance Act 1974.In section 49, subsections (2) and (3).
1980 c. 48.The Finance Act 1980.In section 118(3) the words “section 49(2) of the Finance Act 1974 (relief from stamp)”.
Part IX Oil Taxation
ChapterShort titleExtent of repeal
1975 c. 22.The Oil Taxation Act 1975.In section 12(3) the words from “as regards” to “any oil field”.
In Schedule 3, in paragraph 8(1) the words from “unless it is so met by a grant” onwards.
1980 c. 48.The Finance Act 1980.Section 105.
1981 c. 35.The Finance Act 1981.Sections 122 to 128.
Schedule 16.
1The repeal in section 12(3) of the Oil Taxation Act 1975 has effect in relation to determinations made after 31st December 1981.2The repeal of section 105 of the Finance Act 1980 does not have effect in relation to chargeable periods ending on or before 30th June 1983.3The repeal of sections 122 to 128 of and Schedule 16 to the Finance Act 1981 does not have effect in relation to chargeable periods ending on or before 31st December 1982.Part X Board of Referees
ChapterShort titleExtent of repeal
1970 c. 9.The Taxes Management Act 1970.Section 6(1)(b).
In Schedule 4, paragraph 8.
1971 c. 62.The Tribunals and Inquiries Act 1971.In Schedule 1, paragraph 29(c).
1975 c. 24.The House of Commons Disqualification Act 1975.In Schedule 1, in Part III, the entry relating to the Board of Referees appointed for the purposes of section 26 of the Capital Allowances Act 1968.
1975 c. 25.The Northern Ireland Assembly Disqualification Act 1975.In Schedule 1, in Part III, the entry relating to the Board of Referees appointed for the purposes of section 26 of the Capital Allowances Act 1968.
Part XI Spent Enactments
ChapterShort titleExtent of repeal
1947 c. 46.The Wellington Museum Act 1947.Section 4(3).
1970 c. 10.The Income and Corporation Taxes Act 1970.Section 10.
Section 11(1), (2), (3) and (6).
In section 39(1)(d) the words “relief in respect of a child under section 10(1)(b) or” and the word “child” in the second place where it occurs.
1971 c. 68.The Finance Act 1971.In Schedule 4, paragraph 3(1)(a).
In Schedule 6, paragraph 6.
1975 c. 7.The Finance Act 1975.In Schedule 6, paragraphs 1(3) and (4) and 10(4) and (5).
1975 c. 45.The Finance (No. 2) Act 1975.In Schedule 12—
paragraph 5 of Part I;
paragraph 3 of Part III;
paragraph 4 of Part IV.
1976 c. 40.The Finance Act 1976.Section 29(3).
1977 c. 36.The Finance Act 1977.Section 25.
1978 c. 42.The Finance Act 1978.Section 20(3) and (5).
1979 c. 25.The Finance Act 1979.Section 1(4).
1980 c. 48.The Finance Act 1980.Section 25.
General amendments to Tax Acts, Income Tax Acts, and/or Corporation Tax Acts made by legislation after 1.2.1991 are noted against Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) but not against each ActAct partly in force at Royal Assent, partly retrospective; all provisions so far as unrepealed fully in force at 1.2.1991. Some sections came into force at specific times of the day.The text of ss. 1–4, 9–12, Schs. 1, 2, 22 Pts. I, II was taken from S.I.F. Group 40:1 (Customs and Excise: Customs and Excise Duties), ss. 5–7, Schs. 3–5 from S.I.F. Group 107:2 (Road Traffic: Vehicle Excise Duty), s. 8, Schs. 6, 22 Pt. III from S.I.F. Group 12:2 (Betting, Gaming and Lotteries: Betting and Gaming Duties), ss. 20–79, 132–142, 146, 149–151, 156, 157(5)(7), Schs. 7–12, 18–21, 22 Pts. IV, V, IX–XI from S.I.F. Group 63:1 (Income, Corporation and Capital Gains Taxes: Income and Corporation Taxes), ss. 80–89, 148, Schs. 13, 22 Pt. VI from S.I.F. Group 63:2 (Income, Corporation and Capital Gains Taxes: Capital Gains Tax), ss. 128–131, Sch. 22 Pt. VIII from S.I.F. Group 114 (Stamp Duty), ss. 145, 152–154 from S.I.F. Group 99:3 (Public Finance and Economic Controls: National Debt), Sch. 22 Pt. VII from S.I.F. Group 65 (Inheritance Tax), s. 144 from S.I.F Group 96 (Posts and Telecommunications), s. 157(2)(3) appeared in both S.I.F. sub-groups 63:1 and 63:2, s. 157(6) appeared in S.I.F. Groups 40:1, 12:2, 63:1 and 2, 114, 65 and s. 157(1) appeared in all S.I.F. Groups previously listed; provisions omitted from S.I.F. have been dealt with as referred to in other commentaryPart of the text of s. 1 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.19911979 c. 4S. 1(4) repealed by Finance Act 1984 (c. 43, SIF 40:1), s. 128(6), Sch. 23 Pt. IS. 2 repealed by Finance Act 1984 (c. 43, SIF 40:1), s. 128(6), Sch. 23 Pt. IVPart of the text of ss. 3 and 4 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911979 c. 5. Part of the text of ss. 5 and 6 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991S. 5(1)-(4) and (7) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt. I (with s. 57(4))S. 5(5) repealed by Finance Act 1988 (c. 39, SIF 107:2), s. 148, Sch. 14 Pt. IISs. 5(6) and 6(7) deemed partly repealed retrospectively (20.3.1991) for a specified purpose and repealed fully (25.7.1991) by Finance Act 1991 (c. 31, SIF 107:2), s. 123, Sch. 19 Pt. III, Note 3S. 6 repealed(1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV; S.I. 1991/2021, art.2.S. 7(1) and (3) repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), Sch. 5 Pt. I (with s. 57(4))S. 7(2)(4) repealed(1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV, Note; S.I. 1991/2021, art. 2.S. 8(1)(a) repealed by Finance Act 1990 (c. 29, SIF 12:2), s. 132, Sch. 19 Pt. IS. 9(1)(2) repealed by Finance Act 1990 (c. 29, SIF 40:1), s. 132, Sch. 19 Pt. IThe text of ss. 9(3), 10, 11(2)(3), 12 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991The text of ss. 9(3), 10, 11(2)(3), 12 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911979 c. 8. 1972 c. 68. Words in s. 11(1)(a) substituted (15.11.2001) by S.I. 2001/3686, reg. 6(9)(a)(i)Words in s. 11(1)(b) substituted (15.11.2001) by S.I. 2001/3686, reg. 6(9)(a)(ii)1968 c. 60. 1978 c. 31. 1969 c. 16 (N.I.). The text of ss. 9(3), 10, 11(2)(3), 12 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911979 c. 2. S. 11(3) repealed (15.11.2001) by S.I. 2001/3686, reg. 6(9)(b)The text of ss. 9(3), 10, 11(2)(3), 12 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Ss. 13–17 repealed by Value Added Tax Act 1983 (c. 55), s. 50(2), Sch. 11Ss. 18 and 19 repealed by Car Tax Act 1983 (c. 53), s. 10(4), Sch. 3Ss. 20–26 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31Words substituted by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29 para. 32See Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 370(3)(a)1967 c. 29. S.I. 1981/156 (N.I. 3). Ss. 28–67 repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31 (and see Finance Act 1988 (c. 39, SIF 63:1, 2), s. 148 and Sch. 14 Pt. VI for partial repeal of s. 41 in relation to acquisitions on or after 26 October 1987)Part of the text of s. 68 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911970 c. 9. S. 69 repealed by Finance Act 1989 (c. 26), s. 187 and Sch. 17 Pt. VIII in relation to tax charged by any assessment notice of which is issued after 30 July 1982Ss. 70–79 repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2S. 80 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27S. 81 repealed by Finance Act 1989 (c. 26), s. 187 and Sch. 17 Pt. VII in relation to disposals on or after 6 April 1989 (and s. 81(1)(b) repealed in relation to assets acquired on or after 6 April 1989)1970 c. 9. S. 82 repealed by Finance Act 1989 (c. 26), s. 187 and Sch. 17 Pt. VII in relation to disposals on or after 14 March 1989 (except where relief given under Finance Act 1980 (c. 48) s. 79 in respect of a disposal made on or after that date)1980 c. 48. 1981 c. 35. Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)S. 85 repealed by Finance Act 1984 (c. 43, SIF 40:1), s. 128(6), Sch. 23 Pt. VIII for disposals on or after 6 April 1984; Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Ss. 83-88 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)S. 89 repealed by Finance Act 1985 (c. 54), ss. 68, 98(6), Schs. 19 Pt. I and 27 Pt. VII for disposals made on or after 6 April 1985 or 1 April 1985 for companies, 2 July 1986 for gilt-edged securities (Capital Gains Tax Act 1979 (c. 14, SIF 63:2) Sch. 2) and qualifying corporate bonds (Finance Act 1984 (c. 43, SIF 40:1) s. 64), or 28 February 1986 for other securities within the meaning of Finance Act 1985 (c. 54) Part II Ch. IVSee—Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), ss. 57, 289 and Sch. 4 para. 12Capital Gains Tax Act 1979 (c. 14, SIF 63:2), s. 149CSee Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 28 para. 2(2) re computation of offshore income gainsPart IV (ss. 90–127) repealed by Capital Transfer Tax Act 1984 (c. 51), ss. 274, 277, Schs. 7, 9S. 128 repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. V(2) notes 1, 2 of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. V(2)S. 129 modified by Finance Act 1983 (c. 28, SIF 63:1), s. 46(3)(c)S. 129 excluded (6.5.1992) by Further and Higher Education Act 1992 (c. 13), s. 88(2); S.I. 1992/831, art. 2, Sch. 1Words in s. 129(1) inserted (2.7.1998) by 1998 c. 22, ss. 24(4), 27(4)Words in s. 129(1) substituted for S. 129(1)(a) and the preceding words “by virtue of” (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by 1999 c. 16, s. 112(4)(6), Sch. 14 para. 7S. 129(1)(b) repealed by Finance Act 1985 (c. 54, SIF 114), s. 98(6), Sch. 27 Pt. IX(1)1891 c. 39. S. 130 repealed by Finance Act 1989 (c. 26, SIF 114), s. 187(1), Sch. 17 Pt. IXS. 131 repealed by Capital Transfer Tax Act 1984 (c. 51, SIF 65), s. 277, Sch. 9Part of the text of ss. 132(2), 133(1) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911981 c. 35. Part of the text of ss. 132(2), 133(1) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911981 c. 35. S. 134 restricted (3.5.1994) by 1994 c. 9, s. 236(3)Words inserted by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29 para. 29Words in s. 134(2) inserted (3.5.1994) by 1994 c. 9, s. 236(3)(a)1981 c. 35. 1981 c. 35. 1970 c. 9. 1980 c. 48. 1981 c. 35. 1980 c. 48. 1980 c. 1. S. 136 repealed by Income and Corporation Taxes 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31S. 138 repealed by Income and Corporation Taxes 1988 (c. 1, SIF 63:1), s. 844 and Sch. 31Words inserted by Finance Act 1983 (c. 28), s. 35(1)Words substituted by Finance Act 1983 (c. 28), s. 35(1)S. 139(2)(a)–(d) substituted for words by Finance Act 1983 (c. 28), s. 35(2)Words substituted by Finance Act 1983 (c. 28), s. 35(3)1968 c. 2. 1980 c. 48. 1934 c. 36. S. 142(3)(4) repealed by Finance Act 1987 (c. 16), s. 72(7) and Sch. 16 Part VIIS. 143 repealed by Finance Act 1984 (c. 43), s. 128(6), Sch. 23 Pts. XI, XIVS. 144(1)(2)(4)(5) repealed by Finance Act 1989 (c. 26), s. 187(1), Sch. 17 Pt. XIS. 144(3) repealed by Broadcasting Act 1990 (c. 42), s. 203(3), Sch. 211968 c. 13. S. 146 repealed by Oil and Pipelines Act 1985 (c. 62), s. 7(4) and Sch. 4 Part IS. 147 repealed by Gas Act 1986 (c. 44), s. 67(4), Sch. 9 Pt. IIS. 148 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Part of the text of s. 149(1) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911970 c. 9. 1978 c. 42. 1971 c. 29. The text of s. 152 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911968 c. 13. The text of s. 153 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991S. 153(3) repealed by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), s. 3, Sch. 1 Pt. IS. 153(4) repealed (21.3.1997) by 1995 c. 24, s. 13(2), SCh. 2 Pt. I; S.I. 1997/1139, art. 2S. 154 repealed by Finance Act 1984 (c. 43, SIF 99:3), s. 128(6), Sch. 23 Pt. XIVS. 155 repealed by Finance Act 1985 (c. 54), s. 98(6), Sch. 27 Pt. X Note 2S. 157(2) substituted by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29 para. 321970 c. 10. 1979 c. 14. The text of s. 157(4) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911975 c. 7. 1975 c. 22. Words repealed by Income and Corporation Taxes 1988 (c. 1, SIF 63:1), s. 844 and Sch. 311947 c. 46. 1975 c. 45. Sch. 2 repealed by Finance Act 1984 (c. 43), s. 128(6), Sch. 23 Pt. ISch. 3 repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), SCh. 5 Pt. I (with s. 57(4))Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt. IV, Note; S.I. 1991/2021, art. 2Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I 1991/2021, art.2.Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 4 repealed (1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 5 Pt. A repealed (1.9.1994) by 1994 c. 22, ss. 65, 66(1), SCh. 5 Pt. I (with s. 57(4))Sch. 5 Pt. B repealed(1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.Sch. 5 Pt. B repealed(1.10.1991) by Finance Act 1991 (c. 31, SIF 107:2), ss. 10, 123, Sch. 19 Pt.IV, Note; S.I. 1991/2021, art.2.The text of Sch. 5 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.19911981 c. 63. 1972 c. 11 (N.I.). Sch. 6 para. 2 repealed by Finance Act 1990 (c. 29, SIF 12:2), s. 132, Sch. 19 Pt. ISch. 6 paras. 6–8 repealed by Finance Act 1984 (c. 43, SIF 12:2), s. 128(6), Sch. 23 Pt. IISch. 6 para. 9 repealed (3.5.1994) by 1994 c. 9, ss. 6, 258, Sch. 3, Sch. 26 Pt. IISch. 6 para. 10 repealed by Finance Act 1987 (c. 16, SIF 12:2), s. 72(7), Sch. 16 Part II Note 2Sch. 6 para. 11 repealed (3.5.1994) by 1994 c. 9, ss. 6, 258, Sch. 3, Sch. 26 Pt. IISch. 6 para. 15 repealed (3.5.1994) by 1994 c. 9, ss. 6, 258, Sch. 3, Sch. 26 Pt. IISch. 6 para. 16 repealed by Finance Act 1984 (c. 43, SIF 12:2), s. 128(6), Sch. 23 Pt. IISch. 6 paras. 18–24 repealed by Finance Act 1985 (c. 54, SIF 12:2), s. 77, Sch. 27 Pt. III Note 1Part of the text of Sch. 6 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991Schs. 7–10 repealed by Income and Corporation Taxes Act 1988 (c. 1), s. 844, Sch. 31Schs. 11, 12 repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Sch. 13 para. 3 repealed by Finance Act 1985 (c. 54), ss. 68, 98(6), Schs. 19 Pt. I and 27 Pt. VII for disposals made on or after 6 April 1985 or 1 April 1985 for companies, 2 July 1986 for gilt-edged securities (Capital Gains Tax Act 1979 (c. 14, SIF 63:2) Sch. 2) and qualifying corporate bonds (Finance Act 1984 (c. 43, SIF 40:1) s. 64), or 28 February 1986 for other securities within the meaning of Finance Act 1985 (c. 54) Part II Ch. IVSchedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch. 12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schedule 13 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27)Schs. 14–17 repealed by Capital Transfer Tax Act 1984 (c. 51), ss. 274, 277, Schs. 7, 9Words in Sch. 18 para. 3(2)(a) inserted (16.7.1992) by Finance (No. 2) Act 1992 (c. 48), s. 74, Sch. 15 para.5See Finance Act 1986 (c. 41), s. 109(5) and Sch. 21Word repealed by Finance Act 1983 (c. 28), ss. 35(3)(c), 48(5), Schs. 7 para. 1 and Sch. 10 Part III1980 c. 1. Words substituted by Finance Act 1983 (c. 28), s. 35 and Sch. 7 para. 21980 c. 1. Words in Sch. 19 para. 3(1) inserted (27.7.1999 with effect as mentioned in s. 99(2) of the amending Act) by 1999 c. 16, s. 99(1)(a)Words in Sch. 19 para. 3(1) inserted (27.7.1999 with effect as mentioned in s. 99(2) of the amending Act) by 1999 c. 16, s. 99(1)(a)Sch. 19 para. 3(1A) inserted (27.7.1999 with effect as mentioned in s. 99(2) of the amending Act) by 1999 c. 16, s. 99(1)(b)1983 c.56. 1968 c. 13. 1970 c. 9. See Advance Petroleum Revenue Tax Act 1986 (c. 68, SIF 63:1), s. 1(6)Words substituted by Finance Act 1989 (c. 26), s. 180(2)(d)(7)—deemed always to have had effect1980 c. 48. 1981 c. 35. 1980 c. 1. 1980 c. 1. See also Advance Petroleum Revenue Tax Act 1986 (c. 68, SIF 63:1) for the repayment of certain amounts of APRTWords substituted by Finance Act 1983 (c. 28), s. 35 and Sch. 7 para. 31980 c. 1. 1980 c. 48. 1980 c. 48. Part of the text of Sch. 19 Part II para. 16(2)–(4) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Words substituted by Finance Act 1983 (c. 28), s. 35 and Sch. 7 para. 4Part of the text of Sch. 19 Part III paras. 18 and 21 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Part of the text of Sch. 19 Part III paras. 18 and 21 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911980 c. 1. 1971 c. 29. Sch. 20 para. 4(2) repealed by Finance Act 1989 (c. 26), s. 187(1) and Sch. 17 Pt. XIIIThe text of Sch. 20 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991Sch. 21 repealed by Capital Allowances Act 1990 (c. 1, SIF 63:1), s. 164(4) and Sch. 2The text of Sch. 22 Pts. I, IV, VIII and XI is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Part of the text of Sch. 22 Pts. II, III, VII and X is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Part of the text of Sch. 22 Pts. II, III, VII and X is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991The text of Sch. 22 Pts. I, IV, VIII and XI is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Part of the text of Sch. 22 Pts. II, III, VII and X is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991The text of Sch. 22 Pts. I, IV, VIII and XI is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991Part of the text of Sch. 22 Pts. II, III, VII and X is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991The text of Sch. 22 Pts. I, IV, VIII and XI is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.19911972 c. 20. 1972 c. 20. S. 152(3) repealed (10.7.2003) by Finance Act 2003 (c. 14), Sch. 43 Pt. 5(5)S. 156 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 5 Group 18Words in s. 11(1) substituted (15.1.2007) by Fraud Act 2006 (c. 35), s. 15(1), Sch. 1 para. 19; S.I. 2006/3200, art. 2Sch. 1 repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8S. 1(3) repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8S. 3 repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8S. 137 repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8S. 150 repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8Words in s. 129(1) omitted (with effect in accordance with s. 99(2) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 32 para. 12 (with Sch. 32 para. 22(1)(c))S. 4(2) omitted (1.11.2008) by virtue of Finance Act 2008 (c. 9), Sch. 6 paras. 8(a), 21S. 4(3) omitted (1.11.2008) by virtue of Finance Act 2008 (c. 9), Sch. 6 paras. 8(a), 21S. 4(7) omitted (1.11.2008) by virtue of Finance Act 2008 (c. 9), Sch. 6 paras. 8(a), 21Words in Sch. 18 para. 10(1) substituted (1.4.2009) by The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (S.I. 2009/571), art. 1(1), Sch. 1 para. 8(1)Sch. 18 para. 10(2)(b) omitted (1.4.2009) by virtue of The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (S.I. 2009/571), art. 1(1), Sch. 1 para. 8(2)Words in Sch. 18 para. 8(1) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(2)Word in Sch. 18 para. 8(3) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(3)Words in Sch. 18 para. 8(4) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(a)(i)Word in Sch. 18 para. 8(4) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(a)(ii)Words in Sch. 18 para. 8(4)(a) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(b)(i)Words in Sch. 18 para. 8(4)(a) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(b)(ii)Words in Sch. 18 para. 8(4)(b) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(c)Word in Sch. 18 para. 8(4)(c) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(4)(d)Words in Sch. 18 para. 8(5) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(5)(a)Words in Sch. 18 para. 8(5) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 101(5)(b)Words in Sch. 19 para. 7(1) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(2)Words in Sch. 19 para. 7(2) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(a)Sch. 19 para. 7(2)(e) and word inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(f)Words in Sch. 19 para. 7(2)(a) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(b)Words in Sch. 19 para. 7(2)(b) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(c)Word in Sch. 19 para. 7(2)(c) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(d)Words in Sch. 19 para. 7(2)(c) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(e)Words in Sch. 19 para. 7(2)(d) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 102(3)(e)Words in s. 134(1) substituted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 178 (with Sch. 9 paras. 1-9, 22)Words in s. 134(1) inserted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 177 (with Sch. 2)Sch. 19 para. 10(7) repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 179, Sch. 10 Pt. 6 (with Sch. 9 paras. 1-9, 22); and also repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 178, Sch. 3 Pt. 2 (with Sch. 1 para. 178(2), Sch. 2)