Finance Act 2020
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SCHEDULE Miscellaneous Technical Amendments in Relation to Tax | ||
1. The Taxes Consolidation Act 1997 is amended— | ||
(a) in section 128B(13), by substituting “section 959I” for “section 951”, | ||
(b) in section 128F— | ||
(i) in subsection (1), in paragraph (c)(i)(I) of the definition of “qualifying company”, by substituting “the Euronext Growth market operated by the Irish Stock Exchange plc trading as Euronext Dublin” for “the Enterprise Securities Market of the Irish Stock Exchange”, and | ||
(ii) in subsection (2A)(a)(iii)(I), by substituting “the Euronext Growth market operated by the Irish Stock Exchange plc trading as Euronext Dublin” for “the Enterprise Securities Market of the Irish Stock Exchange”, | ||
(c) in section 172A(1)(a), in the definition of “ISI Number”, by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”, | ||
(d) in section 172E(4)(c), by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”, | ||
(e) in section 172G(4)(c), by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”, | ||
(f) in section 284(2)(ac)(i) — | ||
(i) by substituting “Part 41A” for “Part 41”, and | ||
(ii) by substituting “section 959I” for “section 951”, | ||
(g) in section 489, in paragraph (a) of the definition of “unlisted”, by substituting “the Euronext Growth market operated by the Irish Stock Exchange plc trading as Euronext Dublin” for “the Enterprise Securities Market of the Irish Stock Exchange”, | ||
(h) in section 498(1), by substituting “section 508J(1)” for “section 598J(1)”, | ||
(i) in section 753B(1) — | ||
(i) in paragraph (a)(I)(A), by substituting “distribution” for “interest”, and | ||
(ii) in paragraph (b)(I)(A), by substituting “interest” for “distribution”, | ||
and | ||
(j) in Schedule 25B, by deleting the entries at Reference Numbers 2, 6, 8, 9, 10, 11, 45 and 48 and the matters set out opposite those reference numbers. | ||
2. The Stamp Duties Consolidation Act 1999 is amended— | ||
(a) in section 75— | ||
(i) in subsection (1), in paragraph (a) of the definition of “member firm”, by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”, and | ||
(ii) in subsection (3)(c)(ii), by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”, | ||
and | ||
(b) in subsection 86A— | ||
(i) in subsection (1), by substituting “the Euronext Growth market operated by the Irish Stock Exchange plc trading as Euronext Dublin” for “the Enterprise Securities Market operated by the Irish Stock Exchange Limited”, and | ||
(ii) in subsection (2) — | ||
(I) by substituting “the Euronext Growth market operated by the Irish Stock Exchange plc trading as Euronext Dublin” for “the Enterprise Securities Market”, and | ||
(II) by substituting “the Irish Stock Exchange plc trading as Euronext Dublin” for “the Irish Stock Exchange Limited”. | ||
3. The Capital Acquisitions Tax Consolidation Act 2003 is amended in section 86(2A) by substituting “subsection (4A)” for “subsection (2)”. | ||
4. The Value-Added Tax Consolidation Act 2010 is amended in section 114B (inserted by section 4 of the Financial Provisions (Covid-19) (No. 2) Act 2020), in subsection (2), by substituting “collection of the liabilities” for “liabilities”. | ||
5. The Emergency Measures in the Public Interest (Covid-19) Act 2020 is amended in section 28B(10)(b) (inserted by section 2 (2) of the Financial Provisions (Covid-19) (No. 2) Act 2020 )— | ||
(a) by substituting “1 January 2021” for “1 January 2020”, and | ||
(b) by substituting “31 March 2021” for “31 March 2020”. | ||
6. (a) Subject to subparagraph (b), this Schedule shall have effect on and from the date of the passing of this Act. | ||
(b) Paragraph 5 shall be deemed to have come into operation on and from 1 July 2020. |