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Legislation
Finance Act 1997

Crossheading Miscellaneous

  • Section 107 Petroleum revenue tax: non-field expenditure.
  • Section 108 Payment of dividends on government stock.
  • Section 109 Nil levy on dwelling-house disposals.
  • Section 110 Obtaining information from social security authorities.
  • Section 111 Report on VAT on energy saving materials.
  1. Miscellaneous
  2. Nil levy on dwelling-house disposals.

Section 109 | Nil levy on dwelling-house disposals.

From legislation.gov.uk

Section 136 of the Leasehold Reform, Housing and Urban Development Act 1993 (levy on local authorities in respect of dwelling-house disposals) shall have effect, and be deemed always to have had effect, with the following subsection inserted after subsection (4)—

(4A)The power of the Secretary of State to determine a formula for the purposes of item D in subsection (3) shall include power to determine that, in such cases as he may determine, item D is to be taken to be equal to item CR.

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