40(1)The Treasury may by order add to, repeal or otherwise amend any of [F1paragraphs 15S to 15U, 15Z3, 15Z4, 25 and 27A to 27D.] U.K.
(2)An order under this paragraph may make consequential amendments of this Schedule.
(3)An order under this paragraph may have retrospective effect in relation to—
(a)any chargeable period in which the order is made, or
(b)in the case of an order made on or before 31 December 2011, any chargeable period ending on or after 1 January 2011.
(4)Orders under this paragraph are to be made by statutory instrument.
(5)A statutory instrument containing an order under this paragraph may not be made unless a draft has been laid before, and approved by a resolution of, the House of Commons.
Textual Amendments
F1Words in Sch. 19 para. 40(1) substituted (with effect in accordance with Sch. 9 para. 35 of the amending Act) by Finance Act 2018 (c. 3), Sch. 9 para. 10