http://www.legislation.gov.uk/ukpga/2001/9/section/49/2009-07-21Finance Act 2001An 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.2001-05-25texttext/xmlenStatute Law Database2026-05-05Expert Participation2009-07-21 Finance Act 2001Sch. 5 para. 14ATribunals, Courts and Enforcement Act 2007Sch. 13 para. 140s. 89s. 148(5)art. 2(1)(b)Finance Act 2001Sch. 5 para. 14AFinance Act 2008Sch. 43 para. 8s. 129(4)art. 2 Part 2 491In section 1(1) of the Provisional Collection of Taxes Act 1968 (c. 2) (taxes in relation to which resolutions may have temporary statutory effect), after “landfill tax,” there shall be inserted “ aggregates levy, ”.2In section 197(2) of the Finance Act 1996 (c. 8) (enactments for which interest rates are set under section 197), after paragraph (g) there shall be inserted—hthe following provisions of the Finance Act 2001 (interest payable to or by the Commissioners in connection with aggregates levy), that is to say—isections 25(2)(f) and 30(3)(f);iiparagraph 8(3)(a) of Schedule 5; andiiiparagraphs 2 and 6(1)(b) of Schedule 8..3In section 827 of the Taxes Act 1988 (no deduction for penalties etc.), the following subsection shall be inserted after subsection (1D)—1EWhere a person is liable to make a payment by way of—aany penalty under any provision of Part 2 of the Finance Act 2001 (aggregates levy),binterest under any of paragraphs 5 to 9 of Schedule 5 to that Act (interest on aggregates levy due and on interest),cinterest under paragraph 6 of Schedule 8 to that Act (interest on recoverable overpayments etc.), ordinterest under paragraph 5 of Schedule 10 to that Act (interest on penalties),the payment shall not be allowed as a deduction in computing any income, profits or losses for any tax purposes..