1. Home
  2. Acts
  3. 2020
  4. Click on title below to return to Act

Updated to 27 March 2025 (Act No. 1 of 2025 and S.I. No. 95 of 2025)

Finance Act 2020
No. 26 of 2020

Contents

Commencement

SectionCommencement DateCommencement Information
Ss. 1, 2 1 January 2021 Commenced as per s. 76(8)
S. 3(1)(a)(i) 13 March 2020 Commenced as per s. 3(2)
S. 3(1)(a)(ii) 5 August 2020 Commenced as per s. 3(3)
S. 3(1)(b) 13 March 2020 Commenced as per s. 3(2)
S. 3(2) 1 January 2021 Commenced as per s. 76(8)
Ss. 4-10 1 January 2021 Commenced as per s. 76(8)
S. 11(1) 13 October 2020 Commenced as per s. 11(2)
S. 11(2) 1 January 2021 Commenced as per s. 76(8)
S. 12 1 January 2021 Commenced as per s. 76(8)
S. 13(1) 1 July 2021 Finance Act 2020 (Section 13)(Commencement) Order 2021 (S.I. No. 294 of 2021), art. 2
S. 13(2) 1 January 2021 Commenced as per s. 76(8)
S. 14 1 January 2021 Commenced as per s. 76(8)
S. 15(1), (2) Not yet commenced Commencement order required under s. 15(3)
S. 15(3) 1 January 2021 Commenced as per s. 76(8)
S. 16(1)(a) 1 January 2021 Commenced as per s. 16(3)
S. 16(1)(b)-(c) 6 April 2022 Finance Act 2020 (Section 16(1)) (Commencement) Order 2022 (S.I. No. 142 of 2022), art. 2
S. 16(2), (3) 1 January 2021 Commenced as per s. 76(8)
S. 17(1) 1 October 2021 Finance Act 2020 (Section 17(1)) (Commencement) Order 2021 (S.I. No. 505 of 2021), art. 2
S. 17(2) 1 January 2021 Commenced as per s. 76(8)
S. 18(1) 14 October Commenced as per s. 18(2)
S. 18(2) 1 January 2021 Commenced as per s. 76(8)
Ss. 19-25 1 January 2021 Commenced as per s. 76(8)
S. 26-29 19 December 2020 Commenced on enactment
S. 30(1)(a) 19 December 2020 Commenced on enactment
S. 30(1)(b) 1 July 2022 Commenced as per s. 30(2)
S. 30(2) 19 December 2020 Commenced on enactment
Ss. 31, 32 19 December 2020 Commenced on enactment
S. 33(1) 1 January 2021 Commenced as per s. 33(2)
S. 33(2) 19 December 2020 Commenced on enactment
S. 34(1) 1 January 2021 Commenced as per s. 34(2)
S. 34(2) 19 December 2020 Commenced on enactment
S. 35 19 December 2020 Commenced on enactment
S. 36 1 January 2021 Commenced as per s. 36(2)
Ss. 37, 38 19 December 2020 Commenced on enactment
S. 39 1 November 2020 Commenced as per s. 39
S. 40 1 January 2021 Commenced as per s. 40
S. 41 19 December 2020 Commenced on enactment
S. 42(1)(a), (b) 1 July 2022 Commenced as per s. 42(2)
S. 42(1)(c)(i) 19 December 2020 Commenced on enactment
S. 42(1)(c)(ii) 1 July 2022 Commenced as per s. 42(2)
S. 42(2) 1 July 2022 Commenced as per s. 42(2)
Ss. 43-45 19 December 2020 Commenced on enactment
S. 46(a)(i) 19 December 2020 Commenced on enactment
S. 46(a)(ii) 1 January 2022 Commenced as per s. 46(a)(ii)
S. 46(b)(i) 1 January 2021 Commenced as per s. 46(b)(i)
S. 46(b)(ii) 19 December 2020 Commenced on enactment
Ss. 47, 48 19 December 2020 Commenced on enactment
S. 49(1) 27 March 2021 Finance Act 2020 (Section 49(1)) (Commencement) Order 2021 (S.I. No. 136 of 2021), art. 2
S. 49(2) 19 December 2020 Commenced on enactment
Ss. 50-61 19 December 2020 Commenced on enactment
S. 62 15 March 2021 Finance Act 2020 (Section 62) (Commencement) Order 2021 (S.I. No. 108 of 2021), art. 2
S. 63(1) 27 March 2020 Commenced as per s. 63(4)
S. 63(2) 20 October 2020 Commenced as per s. 63(5)
S. 63(3)(a)(i), (ii) 1 September 2020 Commenced as per s. 63(6)(b)
S. 63(3)(a)(iii) 20 October 2020 Commenced as per s. 63(6)(c)
S. 63(3)(b) 1 September 2020 Commenced as per s. 63(6)(b)
Ss. 63(3)(c)-(f) 1 January 2021 Commenced as per s. 63(6)(e)
S. 63(3)(g)(i) 19 December 2020 Commenced on enactment
S. 63(3)(g)(ii) 1 November 2020 Commenced as per s. 63(6)(d)
S. 63(3)(h) 20 October 2020 Commenced as per s. 63(6)(c)
S. 63(3)(i) 19 December 2020 Commenced on enactment
S. 63(3)(j) 1 August 2020 Commenced as per s. 63(6)(a)
S. 63(3)(k) 1 January 2021 Commenced as per s. 63(6)(e)
S. 63(3)(l) 1 January 2021 Commenced as per s. 63(6)(e)
S. 63(3)(m)(i) 20 October 2020 Commenced as per s. 63(6)(c)
S. 63(3)(m)(ii)(I) 1 January 2021 Commenced as per s. 63(6)(e)
S. 63(3)(m)(ii)(II), (iii) 20 October 2020 Commenced as per s. 63(6)(c)
S. 63(3)(n) 20 October 2020 Commenced as per s. 63(6)(c)
S. 63(3)(4)-(6) 19 December 2020 Commenced on enactment
Ss. 64-76 19 December 2020 Commenced on enactment
Sch. 1 July 2020 Commenced as per s. 74(b), sch., para. 6(b)

Amendments and other effects

How Affected Affecting Provision Affecting Provision
Commencement Date		 Commencement Source
S. 15 repealed Finance Act 2021 (45/2021), ss. 27(5), 87(8) 1 January 2022 Commenced as per s. 87(8)

SIs made under the Act

SectionSIs made under the Act
None