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Contents

Legislation
Finance Act 1987

Part VI Miscellaneous and Supplementary

  • Section 68 Abolition of enactments relating to exchange control.
  • Section 69 Regulation of financial dealings.
  • Section 70 Arrangements specified in Orders in Council relating to double taxation relief etc.
  • Section 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Section 72 Short title, interpretation, construction and repeals.
  1. Part VI · Miscellaneous and Supplementary
  2. Abolition of enactments relating to exchange control.

Section 68 | Abolition of enactments relating to exchange control.

From legislation.gov.uk

(1)The Exchange Control Act 1947 shall cease to have effect.

(2)Nothing in subsection (1) above affects the power of the Treasury to issue a certificate under subsection (2) of section 18 of that Act (including that subsection as applied by section 28(3) or section 29(3) of that Act) with respect to acts done before 13th December 1979.

(3)RepealedF1

(4)Subsections (1) and (2) above extend to the Channel Islands and the Isle of Man.

Notes

  1. F1

    S. 68(3) repealed (6.3.1992 with effect as mentioned in s. 289(1) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with Sch. 11 paras. 22, 26(2), 27)

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