F1PART 4ATaxation
CHAPTER 1Introductory
116AOverview of Part 4A
(1)
In this PartF2—
(a)
Chapter 2 confers on the F3Senedd power to set rates of income tax to be paid by Welsh taxpayers, and
(b)
Chapters 3 and 4 specify particular taxes as devolved taxes about which the F3Senedd may make provision in the exercise of the power conferred by section 107(1).
(2)
The power to make provision about a devolved tax is subject to the restrictions imposed by—
(a)
subsection (3), and
(b)
the other provisions of this Part.
(3)
A devolved tax may not be imposed where to do so would be incompatible with any international obligations.
(4)
In this Act “ devolved tax ” means a tax specified in this Part as a devolved tax.