SCHEDULES

Section 1.

SCHEDULE 1U.K. Alcoholic Liquor Duties

Part IU.K. Table of Rates of Duty on Wine and Made-Wine

Part IIU.K. Beverages of an Alcoholic Strength not Exceeding 5.5 per cent.

1(1)In subsection (2) of section 1 of the M1Alcoholic Liquor Duties Act 1979 (definition of “spirits”), for the words “subsections (7) and (8)” there shall be substituted the words “subsections (7) to (9)”.U.K.

F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)In subsection (5) of that section (definition of “made-wine”), after the word “means” there shall be inserted the words “subject to subsection (10) below”.

(4)After subsection (8) of that section there shall be inserted—

“(9)Any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is made with spirits and is not of a description specified in an order made by the Treasury by statutory instrument shall be deemed not to be spirits.

(10)The Treasury may by order made by statutory instrument provide that any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is made with beer or cider and is of a description specified in the order shall be deemed to be beer or, as the case may be, cider, and not to be made-wine.”

F22U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F33U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4U.K.After subsection (4) of section 54 of that Act (wine: charge of excise duty) there shall be inserted—

“(4A)A person who, on any premises, produces wine to which section 55A below applies by rendering it sparkling, need not on that account hold an excise licence under subsection (2) above in respect of those premises.”

5(1)After subsection (4) of section 55 of that Act (made-wine: charge of excise duty), there shall be inserted—U.K.

“(4A)A person who, on any premises, produces made-wine to which section 55A below applies by rendering it sparkling, need not on that account hold an excise licence under subsection (2) above in respect of those premises.”

(2)In subsection (5) of that section, for the words “render any made-wine sparkling” there shall be substituted the words “render sparkling any made-wine other than made-wine to which section 55A below applies”.

F46U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7U.K.In section 59 of that Act (rendering imported wine or made-wine sparkling in warehouse), for subsection (1) there shall be substituted—

“(1)Wine or made-wine which—

(a)is imported or is removed to the United Kingdom from the Isle of Man; and

(b)is not wine or made-wine of a strength exceeding 1.2 per cent. but not exceeding 5.5 per cent.,

shall not be rendered sparkling, whether by aeration, fermentation or any other process, except in warehouse in accordance with warehousing regulations.”

F58U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9U.K.Section 63 of that Act (repayment of duty on imported cider used in the production of other beverages etc.) shall be renumbered as subsection (1) of that section F6. . . .

F710U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F811U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12U.K.At the end of subsection (1) of section 73 of that Act (penalty for misdescribing substances as beer), there shall be added the words “or that the substance is made with beer and is a made-wine to which section 55A above applies”.

13U.K.In Schedule 1 to that Act, for the Table of rates of duty there shall be substituted—

Section 4.

SCHEDULE 2U.K. Vehicles Excise Duty

F9Part IU.K.

Part IIU.K. Vehicles Carrying or Drawing Exceptional Loads

F101U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F112U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3F12U.K.

F134U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F145U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F156U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 35.

SCHEDULE 3U.K. Married Couples: Minor and Consequential Provisions

Part IU.K. Amendments of the Taxes Act 1988

IntroductoryU.K.

1U.K.The Taxes Act 1988 shall have effect subject to the following amendments.

Commencement of trade etc.U.K.

F162U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Discontinuance of trade etc.U.K.

F173U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

UnderpaymentsU.K.

F184U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Additional relief in respect of childrenU.K.

F195U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F206U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Widow’s bereavement allowanceU.K.

7(1)The section set out in sub-paragraph (2) below shall have effect in substitution for section 262 (widow’s bereavement allowance) in relation to deaths occurring during the year 1989-90, and the section set out in sub-paragraph (3) below shall have effect in substitution for that section in relation to deaths occurring during the year 1990-91 or any subsequent year of assessment.U.K.

(2)The section first referred to in sub-paragraph (1) above is—

“262 Widow’s bereavement allowance.

Where a man dies in the year 1989-90 and for that year he is entitled to the higher (married person’s) relief under section 257(1), or would be so entitled but for an election under section 261 or 287, his widow shall be entitled—

(a)for that year of assessment, to a deduction from her total income of an amount equal to the amount referred to in section 259(2), and

(b)(unless she marries again before the beginning of it) for the year 1990-91, to a deduction from her total income of an amount equal to the amount specified in section 257A(1) for that year.”

F21(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Blind person’s allowanceU.K.

F228U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Life assurance premiumsU.K.

9U.K.For the year 1990-91 and subsequent years of assessment section 266 (life assurance premiums) shall have effect with the substitution—

(a)in subsection (9), of the word “spouse” for the words “wife (but not the husband)”, and

(b)in subsection (11)(a), of the words “spouse, widow, widower or children or other dependants of any such employee or person,” for the word “wife” onwards.

Payments securing annuitiesU.K.

F2310U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Married couples living togetherU.K.

F2411U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Business expansion schemeU.K.

12(1)For the year 1990-91 and subsequent years of assessment section 304 (business expansion scheme: husband and wife) shall have effect—U.K.

(a)with the omission of subsections (1) to (4), and

(b)with the substitution of the following subsections for subsections (5) and (6)—

“(5)Subsection (1) of section 299 shall not apply to a disposal made by a married man to his wife or a married woman to her husband at a time when they are living together; but where shares issued to one of them have been transferred to the other by a transaction inter vivos that subsection shall apply on the disposal of the shares by the transferee to a third person and any assessment for withdrawing relief in respect of the shares shall be made on the transferee.

(6)If any relief given for the year 1989-90 or any earlier year of assessment in respect of shares for which a married man or married woman has subscribed and which were issued while they were living together falls to be withdrawn in the year 1990-91 or any subsequent year of assessment by virtue of a disposal of those shares by the person who subscribed for them, any assessment for withdrawing that relief shall be made on the person making the disposal and shall be made by reference to the reduction of tax flowing from the amount of the relief regardless of any allocation of that relief under section 280 or of any allocation of the reduction under section 284 for the year of assessment for which the relief was given.”

(2)Sub-paragraph (3) below applies where—

(a)an amount is subscribed for shares in the year 1990-91 by one of a married couple who are living together,

(b)the couple were married and living together throughout the year 1989-90, and

(c)the subscriber claims that relief in respect of the amount be given partly by way of deduction from total income for the year 1989-90 in accordance with section 289(6).

(3)Where this sub-paragraph applies—

(a)the deduction shall be made from the husband’s total income (references in Chapter II of Part VII to the relief to which an individual is entitled in respect of any shares being construed accordingly), and

(b)the limits in sections 289(7) and 290 shall apply jointly to the husband and wife for the year 1989-90 as respects the amount subscribed.

Qualifying maintenance paymentsU.K.

F2513U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Home loansU.K.

F2614U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Loans for shares in employee-controlled companyU.K.

F2715U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Close company loansU.K.

F2816U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Trade unions and employers’ associationsU.K.

F2817U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Retirement benefit schemesU.K.

F2918U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Partnership retirement annuitiesU.K.

19U.K.For the year 1990-91 and subsequent years of assessment section 628(1) (partnership retirement annuities) shall have effect with the substitution of the words “a widow, widower or dependant of the former partner” for the words “ his widow or a dependant of his ”.

F3020U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Earned incomeU.K.

F3121U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total incomeU.K.

F3222U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IIU.K. Other Provisions

Capital allowancesU.K.

F3323U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3424U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The transitionU.K.

25U.K.The operation of section 279(1) of the Taxes Act 1988 for a year of assessment earlier than the year 1990-91 in the case of a married woman shall not affect the question whether there is any income of hers chargeable to income tax for the year 1990-91 or any subsequent year of assessment or, if there is, what is to be taken to be its amount for income tax purposes.

ReturnsU.K.

26U.K.Where a man is required under section 8 of the M2Taxes Management Act 1970 to deliver a return which is—

(a)so far as relates to certain sources of income, a return of income chargeable to income tax for the year 1990-91, and

(b)so far as relates to the remaining sources of income, a return of income chargeable to income tax for the year 1989-90,

the same particulars shall be included in the return as would have been required had section 279 of the Taxes Act 1988 not been repealed by this Act.

27U.K.Where a man delivers a return such as is mentioned in paragraph 26 above, the reference in sections 93(2) and 95(2) of the Taxes Management Act 1970 (penalties) to tax charged on or payable by him shall include a reference to tax charged on or payable by his wife in respect of any income of hers.

28U.K.Where a woman is liable to a penalty under section 93(1) or 95(1) of the Taxes Management Act 1970, section 93(2) or 95(2) shall apply as if the reference to tax charged on or payable by her included a reference to any tax which is charged on or payable by her husband by virtue of section 279 of the Taxes Act 1988.

Time limits for assessmentsU.K.

F3529U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Transfers of allowancesU.K.

30U.K.For the year 1990-91 and subsequent years of assessment the Taxes Management Act 1970 shall have effect with the insertion of the following section after section 37—

“37A Effect of assessment where allowances transferred.

Where an assessment is made on any person for the purpose of making good a loss of tax wholly or partly attributable to fraud, wilful default or neglect, the fact that the person’s total income for any year of assessment is assessed as greater than it was previously taken to be shall not affect the validity of any deduction made from the total income of the person’s spouse by virtue of section 257B, 257D or 265 of the principal Act; and where any such deduction has been made in such a case, the total amount which the first-mentioned person is entitled to deduct from total income for the year in question shall be correspondingly reduced.”

Class 4 social security contributionsU.K.

F3631U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annual paymentsU.K.

32U.K.Section 36 of this Act shall have effect in relation to a payment which is due from a husband to his wife or from a wife to her husband at a time after 5th April 1990 when they are living together, notwithstanding that the payment is made in pursuance of an obligation which is an existing obligation for the purposes of subsection (3) of that section.

Maintenance paymentsU.K.

F3733U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F38SCHEDULE 4U.K.

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

Section 58.

F45SCHEDULE 5U.K. Underwriters: Assessment and Collection of Tax

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

Section 65.

F46 SCHEDULE 6U.K. Commercial Woodlands

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

Section 66.

F47SCHEDULE 7U.K. Exceptions to Rule in Section 66(1)

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

F48SCHEDULE 8U.K.

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

F63SCHEDULE 9U.K.

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

F73SCHEDULE 10U.K.

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

F84SCHEDULE 11U.K.

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

Section 145.

SCHEDULE 12U.K. Building Societies: Change of Status

IntroductoryU.K.

1U.K.Paragraphs [F923] to 7 below apply where there is a transfer of the whole of a building society’s business to a company (“the successor company”) in accordance with section 97 and the other applicable provisions of the M10Building Societies Act 1986.

Gilt-edged securities and other financial trading stockU.K.

2U.K.F93. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Capital allowancesU.K.

3F94(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.

(2)There shall be made to or on the successor company in accordance with [F95the Capital Allowances Act 2001] all such allowances and charges as would, if the society had continued to carry on the trade, have fallen to be made to or on it, and the amount of any such allowance or charge shall be computed as if the successor company had been carrying on the trade since the society began to do so and as if everything done to or by the society had been done to or by the successor company.

(3)No transfer of assets from the society to the successor company effected by section 97 of the Building Societies Act 1986 shall be treated as giving rise to any such allowance or charge.

Capital gains: assets acquired from society, etc.U.K.

F964U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Capital gains: shares, and rights to shares, in successor companyU.K.

F975U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

DistributionsU.K.

6(1)Where, in connection with the transfer, qualifying benefits are conferred by the society or the successor company on members of the society, the conferring of those benefits shall not be regarded as F98...—U.K.

(a)the making of a distribution, within the meaning of the Corporation Tax Acts; F99...

F99(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)Sub-paragraph (1) above does not preclude any qualifying benefit (and, in particular, any qualifying benefit which in the hands of the recipient would, apart from that sub-paragraph, constitute income for the purposes of income tax) from being a capital distribution for the purposes of section [F100122 of the Taxation of Chargeable Gains Act 1992], and in that section “distribution” shall be construed accordingly.

(3)In this paragraph “qualifying benefits” means—

(a)any such rights as are mentioned in paragraph 5(1)(a), (b) or (c) above, and any property obtained by the exercise of those rights;

(b)any shares issued or disposed of as mentioned in paragraph 5(2) above;

(c)any shares issued or disposed of, or to which a member becomes entitled, as mentioned in paragraph 5(3) or (4) above, and any interest in the settled property constituted by those shares;

(d)any payment in lieu of a qualifying benefit falling within paragraphs (a) to (c) above;

(e)any distribution made in pursuance of section 100(2)(b) of the M11Building Societies Act 1986.

(4)“Member” has the same meaning in this paragraph as in paragraph 5 above.

[F101 Certified SAYE savings arrangementsU.K.

7U.K.Section 702 of the Income Tax (Trading and Other Income) Act 2005 (interest under certified SAYE savings arrangements to be exempt from income tax) shall have effect in relation to any interest (or bonus) payable after the transfer under a savings arrangement which immediately before the transfer was a certified SAYE savings arrangement (within the meaning of section 703(1) of that Act) in relation to the society despite the fact that it ceased to be such an arrangement by reason of the transfer.]

Stamp dutyU.K.

8U.K.Section 109 of the M12Building Societies Act 1986 (exemption from stamp duty) shall be renumbered as subsection (1) of that section and after that provision as so renumbered there shall be inserted—

“(2)No transfer effected by subsection (6) or (7) of section 97 shall give rise to any liability to stamp duty.”

Section 146.

SCHEDULE 13U.K. Post-Consolidation Amendments

Part IU.K. Amendments of the Taxes Act 1988

1U.K.The Taxes Act 1988 shall have effect, and shall be deemed always to have had effect, subject to the amendments specified in paragraphs 2 to 14 of this Schedule.

2U.K.In section 61(4) after the word “where” there shall be inserted the words “ there is a change in the persons engaged in carrying on a trade, profession or vocation in partnership and ”.

F1023U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1034U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5U.K.In section 533(4) after “1949” there shall be inserted the words “ , sections 55 to 59 of the Patents Act 1977 ”.

F1046U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7U.K.In section 824—

(a)in subsection (1) the following paragraphs shall be substituted for paragraphs (a) and (b)—

“(a)in the case of income tax or surtax paid by or on behalf of an individual for a year of assessment for which he was resident in the United Kingdom, a repayment of the tax of not less than £25 is made by the Board or an inspector after the end of the 12 months following that year of assessment; or

(b)in the case of the special charge under Part IV of the Finance Act 1968, a repayment of the charge of not less than £25 is made by the Board or an inspector,”

F105(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F106(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d)the following subsection shall be inserted after that subsection—

“(2A)Subsection (1) above shall apply to a repayment made in consequence of a claim under section 228 of the Income Tax Act 1952 (relief in respect of income accumulated under trusts) as if the repayment were of income tax paid by the claimant for the year of assessment in which the contingency mentioned in that section happened.”

(e)in subsection (3) the following paragraph shall be inserted after paragraph (a)—

“(aa)if the repayment is of the special charge, the relevant time, as regards so much of the charge as was paid before the end of the year 1969-70, is the end of that year, and, as regards so much of the charge as was paid in any later year of assessment, is the end of the year of assessment in which it was paid;”

F105(f). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1078U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9U.K.In paragraph 2 of Schedule 10 after sub-paragraph (c) there shall be inserted the word “ or ”.

10U.K.In paragraph 17(2)(a) of Schedule 15 after the words “but the old policy was” there shall be inserted the word “ not ”.

11U.K.In paragraph 18(2) of that Schedule for “1 to 9” there shall be substituted “ 1, 2, 3(5) to (11), 4 to 9 ”.

F10812U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13U.K.In paragraph 8 of Schedule 29 for the words “added after paragraph (f)” there shall be substituted the words “ substituted for paragraph (g) ”.

14U.K.In the Table in paragraph 32 of that Schedule the amendments of —

(a)section 55(1)(g) of the M13Taxes Management Act 1970,

(b)section 108(9)(b) of the M14Finance Act 1980, and

(c)section 80(5)(b) of the M15Finance Act 1985,

shall be omitted.

15U.K.The repeals made in section 47 of the Finance (No. 2) Act 1975 shall be treated as never having had effect.

Part IIU.K. Amendments of Other Enactments

The Capital Gains Tax Act 1979 (c.14)U.K.

F10916U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11017U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11118U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Finance Act 1980 (c.48)U.K.

19U.K.In section 101 of the Finance Act 1980 for the words “60 above” there shall be substituted the words “468(5) of the Taxes Act 1988”.

20U.K.In section 109(8)(b) of that Act for the words “Part II of that Act” there shall be substituted the words “ Chapter V of Part XII of the Taxes Act 1988 ”.

The Finance Act 1981 (c.35)U.K.

F11221U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Finance Act 1984 (c.43)U.K.

22U.K.In section 80(5)(b) of the Finance Act 1984 for the words “13 of the M16Oil Taxation Act 1975” there shall be substituted the words “ 492 of the Taxes Act 1988 ”.

The Finance Act 1986 (c.41)U.K.

F11323U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Finance Act 1987 (c.16)U.K.

24U.K.The repeals made by the Finance Act 1987 in section 47 of the M17Finance (No. 2) Act 1975 shall be treated as never having had effect.

CommencementU.K.

25U.K.The amendments made by paragraphs 16 to 23 of this Schedule shall be treated for the purposes of their commencement as if they had been made by the Taxes Act 1988.

Section 148.

SCHEDULE 14U.K. Repeals

Part IU.K. Customs and Excise

1U.K.The repeal in section 1 of the Alcoholic Liquor Duties Act 1979 comes into force on the day appointed under section 1(6) of this Act.

2U.K.The repeals in sections 42 and 43 of that Act have effect from 1st October 1988.

3U.K.The repeals in the Betting and Gaming Duties Act 1981 have effect in relation to offences committed after the passing of this Act.

Part IIU.K. Vehicles Excise Duty

Part IIIU.K. Value Added Tax

Part IVU.K. Income and Corporation Tax: General

1U.K.The repeals in section 482 of the Income and Corporation Taxes Act 1970 and sections 765 and 767 of the Income and Corporation Taxes Act 1988 have effect from 15th March 1988 but subject to section 105(6) of this Act.

2U.K.The repeals in Schedule 10 to the Income and Corporation Taxes Act 1970 and the Finance Act 1973 have effect for the years 1986-87 and 1987-88.

3U.K.The repeal in the Finance Act 1980 has effect from 16th March 1988.

4U.K.The repeals in section 278 of the Income and Corporation Taxes Act 1988 have effect for the year 1990-91 and subsequent years of assessment.

5U.K.The repeal of section 351(1) to (7) of that Act and the repeals in sections 348 and 349 have effect in relation to payments made on or after 6th April 1989; and the repeal of section 351(8) has effect in relation to orders and variations made on or after that date.

6U.K.The repeals in sections 355, 357 and 358 of that Act have effect in accordance with section 44 of this Act.

7U.K.The repeals in section 577 of that Act have effect in accordance with section 72 of this Act.

8U.K.The repeals in Schedule 11 to that Act have effect in relation to payments to which section 74 of this Act applies.

9U.K.The remaining repeals have effect for the year 1988-89 and subsequent years of assessment.

Part VU.K. Commercial Woodlands

1U.K.The repeals in the Taxes Management Act 1970, the repeals in sections 1, 67, 108, 109, 226(9)(c), 351(1)(a) and 530(1)(c) of the Income and Corporation Taxes Act 1970, the repeals of Part IV and section 360(1)(b) of that Act, the repeal in the Finance Act 1972, the repeal in the Finance Act 1984, the repeals in sections 1, 15, 18, 512(1)(a), 623(2)(c) and 833(4)(c) of the Income and Corporation Taxes Act 1988 and the repeal of sections 16 and 505(1)(b) of that Act have effect from 6th April 1988.

2U.K.The repeals of section 111 of the Income and Corporation Taxes Act 1970 and section 54 of the Income and Corporation Taxes Act 1988 have effect from 15th March 1988.

3U.K.The remaining repeals have effect from 6th April 1993.

Part VIU.K. Unapproved Employee Share Schemes

Part VIIU.K. Capital Gains: General

1U.K.The repeals in the Income and Corporation Taxes Act 1988 have effect for companies’ accounting periods ending after 5th April 1988.

2U.K.The remaining repeals have effect in relation to disposals made on or after 6th April 1988.

Part VIIIU.K. Married Couples

1U.K.The repeals in section 361 of the Income and Corporation Taxes Act 1988 have effect in accordance with paragraph 15 of Schedule 3 to this Act.

2U.K.The repeals in sections 382 and 574 of that Act have effect in relation to relief given for the year 1990-91 or a subsequent year of assessment.

3U.K.The repeal in section 420(2) of that Act has effect in accordance with paragraph 16 of Schedule 3 to this Act.

4U.K.The repeal in section 525 of that Act has effect in relation to tax paid or borne or payable or falling to be paid or borne for the year 1990-91 or a subsequent year of assessment.

5U.K.The repeals in sections 527 and 535 of that Act have effect in relation to tax payable for the year 1990-91 or a subsequent year of assessment.

6U.K.The remaining repeals have effect for the year 1990-91 and subsequent years of assessment.

Part IXU.K. Tax Appeals etc. in Northern Ireland

Part XU.K. Inheritance Tax

Part XIU.K. Stamp Duty