Statutory Instruments
2012 No. 432
Bank Levy
The Double Taxation Relief (Bank Levy) (Federal Republic of Germany) Order 2012
Made
21st February 2012
Laid before the House of Commons
22nd February 2012
Coming into force
14th March 2012
The Treasury make the following Order in exercise of the powers conferred by paragraph 66(1) of Schedule 19 to the Finance Act 2011( 1 ).
Citation, commencement and effect
1. This Order may be cited as the Double Taxation Relief (Bank Levy) (Federal Republic of Germany) Order 2012 and comes into force on 14th March 2012.
Double taxation arrangements to have effect
2. It is declared that—
(a) the arrangements specified in the Convention set out in Part 1 of the Schedule to this Order and the Protocol set out in Part 2 of that Schedule have been made with the Federal Republic of Germany;
(b) the arrangements have been made with a view to affording relief from double taxation in relation to the bank levy and an equivalent foreign levy imposed by the laws of the Federal Republic of Germany; and
(c) it is expedient that those arrangements should have effect.
Angela Watkinson
Michael Fabricant
Two of the Lords Commissioners of Her Majesty’s Treasury
21st February 2012
Article 2
SCHEDULE
