Income Tax (Trading and Other Income) Bill

House of Commons

Session 2004 - 05
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Income Tax (Trading and Other Income) Bill

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
571

Schedule 3
Section 884

Repeals and revocations

Reference
Extent of repeal or revocation

Finance Act 1950 (c.15)
In section 40(3), the words “by the Special

Commissioners under Case VI of Schedule D”

5

and “under that Case”.

Chevening Estate Act 1959
Section 2(1)(a).

(c.49)

Taxes Management Act 1970
In section 9(1), the words “233(1),” and “, 249(4),

(c. 9)
421(1) or 547(5)”.

10

Section 9D.

Section 12AE(2)(a).

Section 30(4).

In section 31(3), the words “9D or”.

In section 42(7) the word “and” before

15

paragraph (d).

In section 46B(4)—

(a)
the words “of the principal Act”, and

(b)
paragraph (b).

Section 46C(3)(a).

20

In section 59B(1), the words “233(1),” and “,

249(4), 421(1) or 547(5)”.

In the Table in section 98, in each column—

(a)
the entry relating to regulations under

section 326C of ICTA, and

25

(b)
the entry relating to section 660F of

ICTA.

Oil Taxation Act 1975 (c. 22)
In section 3(2), in the first sentence, the words

“less the amount of the rebate recoverable

(within the meaning of that subsection)”.

30

Chevening Estate Act 1987
Section 4(a).

(c.20)

Income and Corporation Taxes
In section 1(1), paragraph (a) and the word

Act 1988 (c. 1)
“and” at the end of paragraph (b).

In section 1A—

35

(a)
in subsection (2)(aa), the words “under

Case VI of Schedule D”,

(b)
in subsection (4), paragraph (b) and the

word “or” at the end of paragraph (a),

and

40

(c)
subsection (7).

Section 4(1B).

In section 9—

(a)
in subsection (3)(a), the words “, as they

apply for purposes of income tax”, and

45

(b)
in subsection (6), the words “60 to 69,”

Section 18(6).

Sections 20 and 21.

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
572

Reference
Extent of repeal or revocation

Income and Corporation Taxes
In section 21A—

Act 1988 (c. 1)—cont.
(a)
in subsection (2), the words “sections 112

and 113 of that Act (expenditure in

connection with provision of security

5

asset or service);”, and

(b)
in subsection (4), the words “section 82

(interest paid to non-residents),” and the

words “section 96 (farming and market

gardening: relief for fluctuating

10

profits),”.

In section 21B, the words “, 108, 109A” and the

words “section 113 (effect for income tax

purposes of change in the persons engaged

on trade);”.

15

Sections 31A and 31B.

In section 37(1), the word “or” at the end of

paragraph (a).

In section 43C(3), the word “or” at the end of

paragraph (a).

20

In section 59—

(a)
subsections (1) and (2), and

(b)
in subsection (3), the words “under

Schedule D”.

Sections 60 to 65A.

25

Sections 68 to 69.

Section 71.

In section 72(1), the words “income tax or” and

“year of assessment,”.

Section 74(1)(b) and (o).

30

Section 77.

Sections 80 to 82.

Section 84(3B)

In section 87(1), the word “or” at the end of

paragraph (a).

35

In section 90(3), the words “113(1) or”.

In section 91A(2), the words “income tax or”.

In section 91B(2), the words “income tax or”.

Section 95(1A)(a).

Sections 95A and 96.

40

In section 100(2), the words “or vocation” in

both places where they occur.

In section 101—

(a)
in subsection (1), the words “or

vocation”, wherever they occur,

45

(b)
in subsection (2) the words “or

vocation”,

(c)
in subsection (2A), paragraph (a) and, in

paragraph (b), the words “in the case of

an election for the purposes of

50

corporation tax,” and “or vocation”, and

(d)
in subsection (3) omit the words “or

vocation”, wherever they occur.

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
573

Reference
Extent of repeal or revocation

Income and Corporation Taxes
In section 102—

Act 1988 (c. 1)—cont.
(a)
in subsection (1), the words “or

vocations”, and

(b)
in subsection (2), the words “113 or” and

5

the words from “but those sections” to

the end.

In section 103—

(a)
in subsection (1), the words “under Case

I or II of Schedule D”, and

10

(b)
in subsection (3), paragraphs (b) and

(bb) and the words from “Paragraph (b)

above shall” to the end.

In section 104—

(a)
in subsection (1), the words “under Case

15

I or II of Schedule D”, and

(b)
in subsection (3), the words “and (b)”.

Sections 107 to 109.

In section 109A—

(a)
subsection (3),

20

(b)
in subsection (4), the unnumbered

paragraph beginning with “If any sum”,

and

(c)
in subsection (4A), the unnumbered

paragraph beginning with “If any

25

sum”.

Section 110A and the italic cross-heading before

it.

In section 111, subsections (2) to (13).

Sections 112 and 113.

30

Section 121(1).

In section 122—

(a)
in subsection (1), the words “for the

purposes of income tax, or as the case

may be” and the words “year or” in both

35

places where they occur,

(b)
in subsection (2)(a), the words from

“brought into account” to “may be,”,

and

(c)
subsection (4).

40

Sections 127 and 127A.

Section 128(1).

In section 214(1)(a), the words “chargeable to

tax under Case VI of Schedule D”.

In section 231, in subsection (1) the words “or a

45

person resident in the United Kingdom, not

being a company”, and subsections (3) and

(3AA).

In section 231AA(1A), the second sentence.

In section 231AB(1A), the second sentence.

50

Sections 232 and 233.

In section 249, subsections (4) to (7) and in

subsection (8) the words from “and

subsections (5)” onwards.

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
574

Reference
Extent of repeal or revocation

Income and Corporation Taxes
Section 251(2) to (6).

Act 1988 (c. 1)—cont.
Sections 251A to 251D.

In section 273, the words “, 617(3)”.

Section 314.

5

Section 322.

Sections 324 to 327A.

Sections 329 to 329AB.

Section 331.

Section 331A.

10

Section 332(3).

In section 332A, the words “and distributions by

such trusts”.

Section 333A.

In section 333B(9), the definition of “section 333

15

business”.

In section 347A, subsections (4) and (5).

In section 349(4)—

(a)
in the definition of “qualifying certificate

of deposit” the words “as defined in

20

section 56(5)”, and

(b)
in paragraph (b) of the definition of

“qualifying deposit right” the words “as

defined in section 56(5)”.

Section 349B(5).

25

Section 368(4).

In section 382(3), the words “under the

provisions of the Income Tax Acts applicable

to Case I or II of Schedule D”.

In section 385(4)—

30

(a)
the words “under Case I of Schedule D”,

(b)
the words “under that Case” in both

places where they occur.

In section 386(1), the words “under Schedule D”.

In section 388—

35

(a)
in subsection (1), the words “under

Schedule D”,

(b)
in subsection (4), the words “under

Schedule D”, and

(c)
in that subsection, the words “under

40

Case I of Schedule D” in both places

where they occur.

In section 399—

(a)
subsections (1) and (1A), and

(b)
in subsection (5), the words from “and

45

the reference” to the end.

In section 421, in subsection (1), paragraphs (c)

and (d) and subsections (2) and (3).

Section 434(1A).

In section 437(1C), the word “and” at the end of

50

paragraph (b).

In section 477A, subsections (5) and (6) and in

subsection (9) the words from “but” to the

end of the subsection.

Section 480C.

55

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
575

Reference
Extent of repeal or revocation

Income and Corporation Taxes
In section 481, in subsection (5A)(c) the words

Act 1988 (c. 1)—cont.
“or 480C” and in subsection (6) the word “,

480C”.

Section 486(5).

5

In section 491—

(a)
in subsection (4), the words “113 or”,

(b)
subsection (5), and

(c)
in subsection (10), the words “or

vocation”.

10

In section 503—

(a)
in subsection (1), the words “in the

United Kingdom”, and

(b)
subsections (2) and (3).

In section 504—

15

(a)
subsection (4),

(b)
in subsection (6), the words “year of

assessment or” and the words “year or”

wherever they occur,

(c)
in subsection (7), the words “year of

20

assessment or” and the words “year or”

in both places where they occur, and

(d)
in subsection (8), the words “year of

assessment or”.

In section 505(1)(c)(iia) the words “IV or”.

25

Section 514.

In section 524—

(a)
in subsection (2A), paragraph (a),

(b)
in that subsection, in paragraph (b), the

words “in the case of an election for the

30

purposes of corporation tax”,

(c)
subsection (4), and

(d)
in subsection (6), the words “subsection

(4) shall not apply, but”.

In section 525—

35

(a)
subsection (2), and

(b)
in subsection (4), the words “(or, if he is

dead, his personal representatives)” and

paragraph (b) and the word “and”

immediately preceding it

40

Section 526(2).

In section 528—

(a)
subsection (2),

(b)
in subsection (3), the words “as that

provision applies for the purposes of

45

corporation tax”, and

(c)
in subsection (3A), the words “a person’s

or” and “479 or”.

Section 529.

Section 531(6).

50

Section 539(8).

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
576

Reference
Extent of repeal or revocation

Income and Corporation Taxes
In section 546C(8)—

Act 1988 (c. 1)—cont.
(a)
paragraph (a) and the word “or” at the

end of it, and

(b)
the words “year of assessment or”.

5

In section 547—

(a)
in subsection (1), paragraphs (a) and (c)

to (e), and

(b)
subsections (4A) to (7A) and (9) to (14).

Sections 549 to 551.

10

In section 552(1), the words “within the

meaning of this Chapter”.

In section 552A(5) the words “in relation to

which this Chapter has effect and”.

Section 553(6) to (9).

15

Section 553A(3).

In section 553C(4), paragraph (d) and the word

“or” before it.

Section 554.

Section 556(1) and (3)(a).

20

Section 557.

Section 577(8A).

Sections 580A to 580C.

Section 581.

Section 583.

25

Section 584(6)(a) and (7).

Section 585.

In section 587(1), the words “, or total income,”.

In section 588(5), the words “section 29(1) of the

Management Act, or”.

30

In section 591C(2), the words “under Case VI of

Schedule D”.

In section 602(1)(a), the words “under Case VI of

Schedule D”.

Section 617(4)(d) and (e).

35

In section 650A(2), the words “under Case VI of

Schedule D”.

In section 658(5), the words “for himself or for

any other person” and “, he”.

Sections 660A and 660B.

40

Section 660C(1) to (2).

Sections 660D to 660G.

Sections 677 and 678.

Sections 682 and 682A.

Section 688.

45

In section 695—

(a)
in paragraph (b) of subsection (4), the

words from “and shall” to the end of the

paragraph, and

(b)
in subsection (6), the words “, for the

50

purpose of computing his total

income,”.

Income Tax (Trading and Other Income) Bill
Schedule 3 — Repeals and revocations
577

Reference
Extent of repeal or revocation

Income and Corporation Taxes
In section 696—

Act 1988 (c. 1)—cont.
(a)
in subsection (6), the words from “and

shall” to the end of the subsection, and

(b)
in subsection (8), the words from the

5

beginning to “this section”.

In section 697(4), the words from “, and the

residuary income” to the end of the

subsection.

Section 699.

10

In section 699A—

(a)
in subsection (1A), paragraph (b) and the

word “or” immediately preceding it, and

(b)
subsection (6).

In section 700(5), the word “and” at the end of

15

paragraph (a).

In section 701(8), the word “and” at the end of

paragraph (a) and the second sentence.

In section 710(5), the word “and” at the end of

paragraph (a).

20

In section 714(2), the words “under Case VI of

Schedule D”.

In section 716(3), the words “under Case VI of

Schedule D”.

Section 730C.

25

Section 740(4).

In section 775(2), the words from “, and which

is” to the end.

In section 776(3)(a), the words from “, and

which constitutes” to “period in which the

30

gain is realised”.

In section 779(13)(c), the words “392 or”.

In section 781(4)(b), the words “392 or”.

In section 817(2), the words “or employment”.

In section 821(1), the words “in respect of those

35

payments”.

Section 824(8).

In section 828(4), the word “324,”.

In section 830(3), the words “income tax or”.

In section 832(1), the definition of “Ulster

40

Savings Certificates”.

Schedule 4A.

In Schedule 5—

(a)
in paragraph 2, sub-paragraphs (3)(a),

(4)(a) and (5) and, in sub-paragraph (6),

45

the definitions of “commencement year”

and “qualifying year of assessment”,

and

(b)
in paragraph 6, sub-paragraphs (2)(a),

and (3)(a) and, in sub-paragraph (4), the

50

definition of “qualifying year of

assessment”.

Schedule 5AA.

Schedule 15A.