Search Legislation

Advanced Search

Finance Act 1978

Help about what version

What Version

Help about advanced features

Advanced Features

Changes over time for: SCHEDULE 13

Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 1978, SCHEDULE 13. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

Section 80.

SCHEDULE 13U.K. REPEALS

Modifications etc. (not altering text)

C1The text of ss. 8, 9, 77, 80(3)(b) and Schs. 1, 11 and 13 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

PART IU.K. Customs and Excise

ChapterShort titleExtent of repeal
9 & 10 Geo. 5. c. 32.The Finance Act 1919.Section 8.
Section 38(1).
15 & 16 Geo. 6 & 1 Eliz. 2. c. 44.The Customs and Excise Act 1952.In section 37(1), the proviso.
Section 70.
In section 221(2), the words “and the component parts of any such mechanical lighters” and the words “or component parts thereof”.
In section 222, in subsection (1)(a), the words from “(other” to “flint)”, in subsection (2) the words “Subject to the next following subsection” and subsection (3).
In section 248(2), the words “manufacturer of glucose or saccharin”.
In section 249(5), the words “manufacturers of glucose or saccharin”.
In section 307(1), the definitions of “excise trade”, “excise trader”, “tobacco” and “tobacco refuse” and, in the definition of “importer”, the word “customs”.
Section 308(1) and (2).
In section 309, in subsection (3), the words from “such part” to the end and, in subsection (5), the words “customs or”.
Section 311.
Schedule 8.
1 & 2 Eliz. 2. c. 34.The Finance Act 1953.In section 3(3) the words from “other” to “domestic use”.
5 & 6 Eliz. 2. c. 49.The Finance Act 1957.In Schedule 2, in paragraph 1(2) the words from “and for the purposes” to the end, paragraph 1(3), paragraph 2 and paragraph 4(2)(b).
6 & 7 Eliz. 2 c. 6.The Import Duties Act 1958.In section 5(1), the words from “which” to the end.
1964 c. 92.The Finance (No. 2) Act 1964Sections 3 to 6.
Schedules 1 and 2.
1966 c. 18.The Finance Act 1966.Section 7.
1969 c. 16.The Customs Duties (Dumping and Subsidies) Act 1969.In section 5, subsection (2) and in subsection (3) the words from “shall be determined” to “except that”.
Section 10(2) and (5).
Sections 11 and 12.
In section 13(1) the words “growing or”.
Section 14(1) and (3).
1971 c. 12.The Hydrocarbon Oil (Customs & Excise) Act 1971.In paragraph 4 of Schedule 1, the words from “or, in Northern Ireland” to the end.
1972 c. 41.The Finance Act 1972.Section 128(1).
1972 c. 68.The European Communities Act 1972.In Part I of Schedule 3 the entry relating to the Customs Duties (Dumping and Subsidies) Act 1969.
In Schedule 4, paragraph 2(4).
1976 c. 40.The Finance Act 1976.Section 13.
1977 c. 36.The Finance Act 1977.Section 13.

1. The repeals in the Customs Duties (Dumping and Subsidies) Act 1969 take effect subject to section 6(7) of this Act.

2. The repeals in the Finance Act 1972 and the Finance Act 1976 take effect on 1st December 1978.

PART IIU.K. Value Added Tax

ChapterShort titleExtent of repeal
1975 c. 45.The Finance (No. 2) Act 1975.Section 19(2).
1977 c. 36.The Finance Act 1977.Section 15.

PART IIIU.K. Income Tax

ChapterShort titleExtent of repeal
1970 c. 10.The Income and Corporation Taxes Act 1970.In section 12 the word “female” wherever it occurs.
In section 13(a) the words “mother or other”.
Section 18(3) and (4).
In section 83, in subsections (1), (2) and (3) the words “estate or interest” (wherever they occur), subsection (4)(b)(iii) and subsection (6).
In section 134, subsection (1)(iii) (together with the word “and” immediately preceding it), in subsection (2) the words “estate or interest” and subsection (7).
In Schedule 1, in paragraph 11, in sub-paragraph (1) the words “Subject to sub-paragraph (3) below” and in sub-paragraph (3) the words from the beginning to “receipt of the request; and”.
1974 c. 30.The Finance Act 1974.In section 15(1) the words “the first £1,500 of”.
1976 c. 40.The Finance Act 1976.In Schedule 4, paragraph 6.
1977 c. 36.The Finance Act 1977.Section 21.
In section 22, in subsection (1), paragraphs (a), (b) and (d) and in paragraph (c) the words from “for” (where it first occurs) to “respectively, and”, and in subsection (3) the words from the beginning to “; and”.
Section 24.
Section 26(5).
Section 28.
In section 35(3) the words after the semi-colon.
1977 c. 53.The Finance (Income Tax Reliefs) Act 1977.Section 1.

1. The repeals in sections 83 and 134 of the Income and Corporation Taxes Act 1970 take effect as mentioned in section 32(4) of this Act.

2. The repeal in Schedule 1 to the said Act of 1970 applies where the qualifying policy is issued or varied after 5th April 1979.

3. The repeals in Schedule 4 to the Finance Act 1976 and in section 35(3) of the Finance Act 1977 have effect for the year 1979-80 and subsequent years of assessment.

4. The repeals in section 22 of the Finance Act 1977 do not affect the construction of the remainder of that section.

PART IVU.K. Capital Gains

ChapterShort titleExtent of repeal
1965 c. 25.The Finance Act 1965.In section 20(3), the words “Subject, in the case of an individual, to the next following section”.
Section 21.
In Schedule 10, in paragraph 13 the words “section 21 of this Act or”.
1966 c. 18.The Finance Act 1966.In Schedule 10, paragraph 2(3).
1970 c. 10.The Income and Corporation Taxes Act 1970.Section 265(3)(b).
In Schedule 15, in paragraph 11, in Part 11 of the Table the entry relating to section 21(2) of the Finance Act 1965.
1971 c. 68.The Finance Act 1971.Section 57.
Schedule 11.
1972 c. 41.The Finance Act 1972.In section 112(3)(c), the words “(or would have been chargeable apart from section 21 of the Finance Act 1965)”.
In section 119(2)(a), the words “but not for the purposes of section 57 of the Finance Act 1971 (exemption or relief for small disposals)”.
1974 c. 30.The Finance Act 1974.Section 34.
1975 c. 45.The Finance (No. 2) Act 1975.Section 55.
1976 c. 40.The Finance Act 1976.Section 51.
Section 52(2) and (4).
In section 56(2)(a), the words “(but not for the purposes of section 57 of the Finance Act 1971)”.
1977 c. 36.The Finance Act 1977.Section 44.

1. The repeals in the Finance Act 1971, in section 119(2)(a) of the Finance Act 1972 and in the Finance Act 1976 (except section 52(2)) and the repeal of section 44(2) of the Finance Act 1977 have effect for the year 1977-78 and subsequent years of assessment.

2. The repeals in the Finance Act 1966, the Finance Act 1974 and the Finance (No. 2) Act 1975 have effect in relation to disposals after 11th April 1978.

3. The repeal of section 44(1) of the Finance Act 1977 does not affect gains accruing on disposals before 6th April 1979.

4. The other repeals mentioned above have effect for the year 1978-79 and subsequent years of assessment.

PART VU.K. Capital Transfer Tax

ChapterShort titleExtent of repeal
1975 c. 7.The Finance Act 1975.Section 47(1), (2) and (5).
In Schedule 4, in paragraph 13(7) the words “or on any particular question”.
In Schedule 6, in paragraph 15(4A) the words “or body” (in both places).
1976 c. 40.The Finance Act 1976.In section 73(b) the words “made” and “treated as made”.
In section 90, subsection (2), in subsection (3)(a) the words “or, as the case may be, the company whose shares are disposed of” and in subsection (3)(c) the words “or, as the case may be, the disposition of its shares”.
In Schedule 10, in paragraph 1 the words “made” and “treated as made”, in paragraph 3(1)(b) the word “and” and paragraph 9.
In Schedule 14, paragraph 19.

1. The repeal of subsections (1) and (2) of section 47 of the Finance Act 1975 does not affect any variation or disclaimer made before 11th April 1978, and the repeal of subsection (5) of that section does not affect any deed or instrument made as provided by that subsection.

2. The repeal in paragraph 13(7) of Schedule 4 to that Act has effect subject to section 66(3) of this Act.

3. The repeal in Schedule 6 to that Act applies where the acquisition of the interest is after 11th April 1978.

4. The repeals in section 90 of the Finance Act 1976 do not affect dispositions made before 11th April 1978.

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

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

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

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

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 enacted 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