- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Instruments
Oil Tax
Made
26th March 2013
The Treasury make the following Order in exercise of the power conferred by paragraph 21(2) of Schedule 22 to the Finance Act 2012(1):
1. This Order may be cited as the Finance Act 2012, Schedule 22 (Reduction of Supplementary Charge for Certain Oil Fields) (Appointed Day) Order 2013.
2. The day on which the remaining amendments of Chapter 7 of Part 8 of the Corporation Tax Act 2010(2) made by Schedule 22 to the Finance Act 2012 come into force is 1st April 2013.
Robert Goodwill
Stephen Crabb
Two of the Lords Commissioners for Her Majesty’s Treasury
26th March 2013
(This note is not part of the Order)
This Order appoints 1 April 2013 as the date upon which the amendments made by Schedule 22 to the Finance Act 2012 (c.14) (“Schedule 22”) comes into force. Paragraphs 14, 15 and 16(3) of Schedule 22 are excluded from the scope of this Order as they came into force on the day upon which the Finance Act 2012 was passed.
Schedule 22 makes certain amendments to Chapter 7 of Part 8 of the Corporation Tax Act 2010 (c.4) (reduction of supplementary charge for certain oil fields) to bring a new description of oil field, referred to as an “additionally-developed oil field”, within the scope of that Chapter.
A Tax Information and Impact Note covering this instrument was published on 23 October 2012 and is available on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm. It remains an accurate summary of the impacts that result from this instrument.
2010 c. 4; the amendments made by paragraphs 14, 15, and 16(3) of Schedule 22 to the Finance Act 2012 came into force on the day that Act was passed (see paragraph 21(1) of Schedule 22).
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.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: