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Statutory Instruments

1995 No. 1778 (C.35)

INCOME TAX

The Finance Act 1995 (Contractual Savings Schemes) (Appointed Day) Order 1995

Made

12th July 1995

The Treasury, in exercise of the powers conferred on them by section 65 of and paragraph 4(3) of Schedule 12 to the Finance Act 1995(1) and of all other powers enabling them in that behalf, hereby make the following Order:

1.  This Order may be cited as the Finance Act 1995 (Contractual Savings Schemes) (Appointed Day) Order 1995.

2.  The day appointed under paragraph 4(3) of Schedule 12 to the Finance Act 1995 is 31st July 1995.

Derek Conway

Andrew Mackay

Two of the Lords Commissioners of Her Majesty’s Treasury

12th July 1995

Explanatory Note

(This note is not part of the Order)

This Order appoints 31st July 1995 as the day from which the amendments to section 326 of the Income and Corporation Taxes Act 1988 made by paragraphs 4 and 5 of Schedule 12 to the Finance Act 1995 will apply to new contractual savings schemes certified under section 326 of the 1988 Act by the Treasury.