This Statutory Instrument has been printed in substitution of the SI of the same number and is being issued free of charge to all known recipients of that Statutory Instrument
Statutory Instruments
2010 No. 2939
Income Tax
The Finance Act 2009, Schedule 35 (Special Annual Allowance Charge) (Cessation of Effect) Order 2010
Made
9th December 2010
Coming into force
10th December 2010
The Treasury make the following Order in exercise of the power conferred by paragraph 21(2) of Schedule 35 to the Finance Act 2009( 1 ):
Citation and commencement
1. This Order may be cited as the Finance Act 2009, Schedule 35 (Special Annual Allowance Charge) (Cessation of Effect) Order 2010 and comes into force on the day after the day on which it is made.
Cessation of effect
2. —(1)Schedule 35 to the Finance Act 2009( 2 ) (special annual allowance charge) ceases to have effect after the tax year 2010–11 subject to paragraph (2).
(2) Paragraph 18 of Schedule 35 (taxation of contributions refund lump sums) continues to have effect for the tax year 2011–12 only and the provisions of Schedule 35 continue to have effect for the purposes of that paragraph for that tax year.
Michael Fabricant
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
9th December 2010
Schedule 35 was amended by S.I. 2010/429 , S.I. 2010/572 .