Finance Act 2009

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Miscellaneous technical amendments in relation to tax.

30.— (1) Part 11D (inserted by section 21 of the Finance (No. 2) Act 2008 ) of the Principal Act is amended—

(a) in section 380Q(1), in the definition of “ dangerous sub stance ”, by substituting “Regulation 3” for “section 3”,

(b) in section 380Q by substituting the following for subsection (2):

“(2) This Part shall apply to any expenditure incurred on or after 1 January 2009 and before 1 January 2014.”,

(c) in section 380S(2) by substituting “section 380R(5)(a)(ii)” for “section 380R(5)(b)”,

(d) in section 380V(2)—

(i) by substituting “a relevant trade” for “that trade”, and

(ii) by substituting “380U(b)” for “380U(1)(b)”,

and

(e) in section 380W—

(i) in subsection (1) by substituting “380U(b)” for “380U(1)(b)”, and

(ii) in subsection (3) by substituting “Tax” for “Taxes”.

(2) Section 1077C(2)(b) (inserted by the Finance (No. 2) Act 2008 ) of the Principal Act is amended by substituting “person” for “individual”.

(3) The Stamp Duties Consolidation Act 1999 is amended—

(a) in section 87(3) by substituting “payment of that sum and, by means of a penalty,” for “payment of that sum and”,

(b) in section 87A(4)(b) by substituting “by means of a penalty, a sum equal to 1 per cent” for “a sum equal to 1 per cent”, and

(c) in section 134A—

(i) in subsection (7) by substituting “subsection (3)(a) and paragraphs (a)(i) and (b)(i) of subsection (5)” for “subsections (3)(a) and (5)(a)”,

(ii) in subsection (8) by substituting “subsection (3)(b) and paragraphs (a)(ii) and (b)(ii) of subsection (5)” for “subsections (3)(b) and (5)(b)”, and

(iii) in subsection (9) by substituting “subsection (3)(c) and paragraphs (a)(iii) and (b)(iii) of subsection (5)” for “subsections (3)(c) and (5)(c)”.

(4) The Finance (No. 2) Act 2008 is amended—

(a) in section 6(1)(c) by deleting subparagraph (ii), other than clause (II), and inserting the following paragraph after that clause:

“(iia) in paragraph (c)(ii)—

(I) by substituting ‘Table to this subsection’ for ‘Table to this section’, and

(II) by substituting ‘24,000’ for ‘15,000’,

and”,

and

(b) in section 98(2) by substituting “subparagraph (as) of paragraph 2 of Schedule 5” for “subparagraph (ar) of paragraph 2 of Schedule 5”.

(5) (a) For the purposes of section 21 (2) of the Finance (No. 2) Act 2008 , the amendments to the Principal Act effected by section 21(1) of that Act shall be read as amended by subsection (1) of this section.

(b) Subsection (2) is deemed to have come into force and have taken effect as on and from 24 December 2008.

(c) In subsection (3)—

(i) paragraphs (a) and (b) are deemed to have come into force and have taken effect as on and from 24 December 2008,

(ii) subparagraphs (i) and (ii) of paragraph (c) have effect as respects penalties incurred on or after the passing of this Act, and

(iii) subparagraph (iii) of paragraph (c) has effect as on and from 24 December 2008 and, accordingly, the provisions of paragraph 6(b) of Schedule 5 to the Finance (No. 2) Act 2008 relating to references to subsections (2)(c) and (4)(c) of section 134A of the Stamp Duties Consolidation Act 1999 apply to the provisions concerned as amended by that subparagraph.

(d) Subsection (2) of section 6 of the Finance (No. 2) Act 2008 applies to subsection (1) of that section as amended by subsection (4) (a) of this section.

(e) Subsection (4) (b) has effect as on and from the passing of this Act.