Capital Gains Tax (Amendment) Act, 1978

SCHEDULE 2

Enactments Repealed

Section 17 .

Number and Year

Short Title

Extent of Repeal

(1)

(2)

(3)

No. 20 of 1975

Capital Gains Tax Act, 1975

Section 6.

In section 11, in subsection (1), the words “Part II of Schedule 1 and in” and, in subsection (2), the words “, but subject to the provisions of Part II of Schedule 1 (which restrict the amount of chargeable gains accruing on the disposal of assets owned on the 6th day of April, 1974)”.

In section 16 (4), the words “an adjustment is allowed under section 6 (alternative charge by reference to income tax), or”.

Section 26 (7).

Section 29 (4).

Section 47 (7).

In section 51 (2), the words “as modified by Part II of Schedule 1”.

Paragraphs 13 and 14 (6) of Part I and Part II of Schedule 1.

Paragraph 2 (8) of Schedule 2.

Paragraph 8 (2) (j) of Schedule 4.

In paragraph 13 of Schedule 4, the words “section 6 or”.

No. 7 of 1976

Corporation Tax Act, 1976

Section 13 (3) (b).

No. 18 of 1977

Finance Act, 1977

In section 16 (3), the words “as amended by the preceding subsections,”.

The repeals in this Schedule shall not affect the liability to capital gains tax for years of assessment ending on or before the 5th day of April, 1978, or the liability to corporation tax for accounting periods or parts of accounting periods falling on or before that date, or the assessment, collection or recovery of either of those taxes or of interest thereon or other proceedings relating to those taxes or that interest.

Acts Referred to

Capital Gains Tax Act, 1975

1975, No. 20

Corporation Tax Act, 1976

1976, No. 7

Finance Act, 1931

1931, No. 43

Finance Act, 1974

1974, No. 27

Finance Act, 1977

1977, No. 18

Local Government (Planning and Development) Act, 1963

1963, No. 28