Search Legislation

The Finance Act 1989, Section 178(1), (Appointed Day) Order 2001

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening Options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Statutory Instruments

2001 No. 253 (C. 14)

TAXES

TAXES, NORTHERN IRELAND

The Finance Act 1989, Section 178(1), (Appointed Day) Order 2001

Made

1st February 2001

The Treasury, in exercise of the powers conferred on them by section 178(7) of the Finance Act 1989(1), hereby make the following Regulations:

1.  This Order may be cited as the Finance Act 1989, section 178(1), (Appointed Day) Order 2001.

2.—(1) The day appointed for the enactments specified in paragraph (2) for periods beginning on or after which section 178(1) of the Finance Act 1989 shall have effect is 7th March 2001.

(2) The enactments specified are—

(a)section 71(8A) of the Social Security Administration Act 1992(2);

(b)section 69(8A) of the Social Security Administration (Northern Ireland) Act 1992(3);

(c)paragraph 8 of Schedule 4 to the Tax Credits Act 1999.

Greg Pope

Clive Betts

Two of the Lords Commissioners of Her Majesty’s Treasury

1st February 2001

Explanatory Note

(This note is not part of the Order)

This Order appoints 7th March 2001 as the day for periods beginning on or after which section 178(1) of the Finance Act 1989 has effect in relation to the rate of interest on recoverable amounts of working families' tax credit or disabled person’s tax credit (“tax credit”), and the rate of interest on penalties for fraudulently or negligently making any incorrect statement or declaration in connection with a claim for tax credit. At the same time as making this Order, the Treasury have also made the Taxes (Interest Rate) (Amendment No. 2) Regulations 2001 (S.I. 2001/254 ) which specify the rate of interest on recoverable amounts of tax credit and penalties for fraudulent or negligent claims as mentioned above and which come into force on the day appointed by this Order.

(1)

1989 c. 26; section 178 was relevantly amended by paragraph 10(2) of Schedule 2, and paragraph 8(1) of Schedule 4, to the Tax Credits Act 1999 (c. 10).

(2)

1992 c. 5; section 71 was relevantly amended by paragraph 3(c) of Schedule 1, and paragraph 10(1) of Schedule 2, to the Tax Credits Act 1999.

(3)

1992 c. 8; section 69 was relevantly amended by paragraph 5(c) of Schedule 1, and paragraph 10(1) of Schedule 2, to the Tax Credits Act 1999.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources