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Legislation
Income Tax Act 2007

Crossheading Limits on amounts that may be invested

  • Section 257MNA Maximum amount where investment made in first 7 years
  • Section 257MNB Section 257MNA: supplementary
  • Section 257MNC Maximum amount for cases outside section 257MNA
  • Section 257MND Limit on investment in shorter applicable period
  • Section 257MNE Power to amend limits on amounts that may be invested
  1. Limits on amounts that may be invested
  2. Power to amend limits on amounts that may be invested

Section 257MNE | Power to amend limits on amounts that may be invested

From legislation.gov.uk

(1)The Treasury may by regulations substitute a different figure for the figure for the time being specified in section 257MNA(2), 257MNC(2) or (3) or 257MND(4).

(2)Regulations under this section may make incidental, supplemental, consequential, transitional or saving provision.

(3)Regulations under this section may not be made unless a draft of the instrument containing them has been laid before, and approved by a resolution of, the House of Commons.

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