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These repeals have effect in accordance with section 106(17) of this Act.

(16) Insurance

Chapter Short title Extent of repeal
1988 c. 1. The Income and Corporation Taxes Act 1988. In section 431(2), the definition of “investment reserve”.
In Schedule 19AC, paragraph 7(3)(c).
1993 c. 34. The Finance Act 1993. Section 177.
1994 c. 9. The Finance Act 1994. Section 224.

1 The repeals in the Taxes Act 1988 have effect in accordance with section 109(10) of this Act.

2 The other repeals have effect in accordance with section 107(12)(c) of this Act.

(17) Payments under deduction of tax

Chapter Short title Extent of repeal
1970 c. 9. The Taxes Management Act 1970. In columns 1 and 2 of the Table in section 98—
(a) the words “regulations under section 118D, 118F, 118G, 118H or 118I”; and
(b) the words “regulations under section 124(3)”.
1988 c. 1. The Income and Corporation Taxes Act 1988. In Part IV, Chapter VIIA.
Section 124.
In section 348(3), the words “or to any payment which is a relevant payment for the purposes of Chapter VIIA of Part IV”.
In section 349—
(a) in subsection (1), the words “or to any payment which is a relevant payment for the purposes of Chapter VIIA of Part IV”;
(b) in subsection (3), paragraph (e).
Section 468M(4)(b).
Section 482(11)(a).
In section 582A(1), the words “and section 118B(4)”.
Section 841A.
In Schedule 23A—
(a) in paragraph 1(1), in the definition of “overseas securities”, paragraph (b) and the word “and” preceding it;
(b) in paragraph 1(1), in the definition of “UK securities”, the words “quoted Eurobonds (as defined by section 124) held in a recognised clearing system or”;
(c) paragraph 4(8).
1989 c. 26. The Finance Act 1989. In section 178(2)(m), the reference to section 118F of the Taxes Act 1988.
1996 c. 8. The Finance Act 1996. In Schedule 7, paragraph 28.
Schedule 29.
In Schedule 38, paragraph 6(2)(a) and (3).
1997 c. 58. The Finance (No.2) Act 1997. Section 38.

1 The repeal of Chapter VIIA of Part IV of the Taxes Act 1988, and related repeals, have effect in accordance with section 111(6)(a) of this Act.

2 The repeal of section 124 of that Act, and related appeals, have effect in accordance with section 111(6)(b) of this Act.

3 The repeal of section 482(11)(a) of that Act has effect in accordance with section 111(6)(c) of this Act.

(18) Tax treatment of expenditure on production or acquisition of films

Chapter Short title Extent of repeal
1992 c. 48. The Finance (No.2) Act 1992. In section 43(3), paragraph (b) and the word “or” preceding it.

This repeal has effect in accordance with section 113(6) of this Act.

Part III Stamp duty and stamp duty reserve tax

Chapter Short title Extent of repeal
1949 c. 15 (N.I.). The Finance Act (Northern Ireland) 1949. Section 8.
1977 c. 37. The Patents Act 1977. Section 126.
1986 c. 41. The Finance Act 1986. In sections 67(9), 70(9), 95(1) and 97(1), the words “and is resident in the United Kingdom” and “and is so resident”.
1993 c. 34. The Finance Act 1993. In section 204(3), the word “first” (in each place where it occurs).
1994 c. 26. The Trade Marks Act 1994. Section 61.
2000 c. 17. The Finance Act 2000. Section 133.
Section 134.
In Schedule 33, paragraph 9(1).

1 The repeals in the Patents Act 1977 and the Trade Marks Act 1994 have effect in accordance with section 129(5) of this Act.

2 The repeals in the Finance Act 1986 have effect in accordance with section 134(5) of this Act.

3 The repeals of sections 133 and 134 of this Act have effect—

(a) so far as relating to stamp duty on bearer instruments, in accordance with section 107 of the Finance Act 1990;

(b) so far as relating to stamp duty on instruments other than bearer instruments, in accordance with section 108 of that Act; and

(c) so far as relating to stamp duty reserve tax, in accordance with section 110 of that Act.

4 The repeal in Schedule 33 to this Act has effect in accordance with section 107 of the Finance Act 1990.

Part IV Value Added Tax

Chapter Short title Extent of repeal
1994 c. 23. The Value Added Tax Act 1994. In Schedule A1, in paragraph 1(1), the word “and” at the end of paragraph (b).

Part V Information powers

Chapter Short title Extent of repeal
1970 c. 9. The Taxes Management Act 1970. In section 17, subsections (4B) and (4C).
In section 18, subsections (3) and (3AA).
1988 c. 1. The Income and Corporation Taxes Act 1988. Section 482A.

These repeals have effect in relation to amounts paid, credited or received on or after 6th April 2001.