| Guvnor

Status: In Force
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer2 Trader2

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 429 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Building Societies Act 1986 32 duties

Trader — also bound by 825 other Acts

Value Added Tax Regulations 1995 416 duties

Companies Act 2006 243 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 133 duties

Companies Act 1985 85 duties

Insolvency (England and Wales) Rules 2016 62 duties

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

205 other provisions — procedural and definitional

s.001 Rates.

s.002 Reliefs.

s.003 Original gravity of beer.

s.004 Blending made-wines

s.005 Description as beer.

s.006 Rates.

s.007 Community buses.

s.008 Special machines.

s.009 Recovery vehicles.

s.010 Powers of Secretary of State with respect to assignment of registrationmarks.

s.011 Retention of registration mark pending transfer to another vehicle.

s.012 Sale by Secretary of State of rights to particular registration marks.

s.013 Registration documents.

s.014 Dishonoured cheques.

s.015 Estimation of excise duty.

s.016 Time limits for proceedings.

s.017 Disbursements in Port of London.

s.018 Buildings and land.

s.019 Sewerage services and water.

s.020 News services.

s.021 Fuel and power.

s.022 Protective boots and helmets.

s.023 Incorrect certificates.

s.024 Recovery of overpaid VAT.

s.025 Administration etc.

s.026 Input tax on self-supplies.

s.027 Relief from car tax where vehicle leased to the handicapped.

s.028 Reliefs from duties and taxes for persons enjoying certain immunities and privileges.

s.029 Recovery of overpaid excise duty and car tax.

s.030 Charge and rates of income tax for 1989-90.

s.031 Age allowance.

s.032 Operative date for PAYE.

s.033 Married couples.

s.034 Charge and rate of corporation tax for financial year 1989.

s.035 Corporation tax: small companies.

s.036 Schedule E: revised Cases.

s.037 Schedule E: assessment on receipts basis.

s.038 Schedule E: unpaid emoluments.

s.039 Schedule E: unremitted emoluments.

s.040 Schedule E: emoluments already paid.

s.041 Schedule E: pensions etc.

s.042 Schedule E: supplementary.

s.043 Schedule D: computation

s.044 Companies with investment business and insurance companies: computation

s.045 s.45

s.046 Relief for interest.

s.047 Close company loans: business expansion scheme.

s.048 Close company loans: material interest.

s.049 Car benefits.

s.050 Security assets and services.

s.051 Assets used partly for security.

s.052 Security: supplementary.

s.053 Employees earning £8,500 or more and directors.

s.054 Relief.

s.055 Eligible contracts.

s.056 Certification of contracts.

s.057 Medical insurance: supplementary.

s.058 Payroll deduction scheme.

s.059 Covenanted subscriptions.

s.060 British Museum and Natural History Museum.

s.061 Profit-related pay.

s.062 Savings-related share option schemes.

s.063 Profit sharing schemes.

s.064 Share option and profit sharing schemes: shares of consortium member.

s.065 Employee share schemes: material interest.

s.066 Priority share allocations for employees etc.

s.067 Tax relief.

s.068 Principal charges to tax.

s.069 Chargeable events.

s.070 Chargeable amounts.

s.071 Further charges to tax: borrowing.

s.072 Limit on chargeable amount.

s.073 Information.

s.074 Interpretation.

s.075 Retirement benefits schemes.

s.076 Non-approved retirement benefits schemes.

s.077 Personal pension schemes.

s.080 Gilt unit trusts.

s.081 Offshore funds operating equalisation arrangements.

s.082 Calculation of profits: bonuses

s.082 Calculation of profits: policy holders' tax

s.082 Unappropriated surplus on valuation

s.082 Relevant financial reinsurance contracts

s.082 Treatment of profits: life assurance — adjustment consequent on change in Insurance Prudential Sourcebook

s.082 Section 82D: treatment of transferors under insurance business transfer schemes

s.082 Section 82D: treatment of transferees under insurance business transfer schemes

s.083 Receipts to be taken into account.

s.083 Meaning of “brought into account”.

s.083 Amounts added to long term insurance fund of a company in excess of that company’s loss.

s.083 Treatment of surplus where there is a subsequent transfer of business from the company etc.

s.083 Changes in recognised accounts: attribution of amounts carried forward under s.432F of Taxes Act 1988

s.083 Structural assets

s.083 Changes in value of assets brought into account: non-profit companies

s.083 Meaning of “appropriate line 51 amount” for purposes of s.83YA

s.083 FAFTS: charge in relevant period of account

s.083 FAFTS: deduction in subsequent periods of account

s.083 Regulations: apportionment and redefining “financial reinsurance arrangement”

s.083 Financial reinsurance arrangements: further provision

s.083 Contingent loans

s.084 Interpretation of sections 85 to 89 and further provisions about insurance companies.

s.085 Charge of certain receipts of basic life assurance business.

s.085 Excess adjusted life assurance trade profits

s.086 Spreading of relief for acquisition expenses.

s.087 Management expenses.

s.088 Corporation tax: policy holders’ share of profits.

s.088 Lower corporation tax rate on certain insurance company profits.

s.089 Policy holders’ share of profits.

s.089 Modification of sections 82 to 83A, 88 and 89 in relation to overseas life insurance companies.

s.090 Life policies etc. held by companies.

s.090 Interpretation

s.091 Premiums trust funds: stock lending.

s.092 Regulations about underwriters etc.

s.093 Deep discount securities: amendments.

s.094 Deep gain securities.

s.095 Treasury securities issued at a discount.

s.096 Securities: miscellaneous.

s.097 Set-off of ACT where companies remain in the same group.

s.098 Restriction on set-off of ACT.

s.099 Dividends etc. paid by one member of a group to another.

s.100 Change in ownership of company.

s.101 Treatment of convertible shares or securities for purposes relating togroup relief etc.

s.102 Surrender of company tax refund etc. within group.

s.103 Repeal of apportionment provisions.

s.104 Meaning of “close company”.

s.105 Small companies’ rate not available to certain close companies.

s.106 Restriction on payment of tax credits.

s.107 Close companies: consequential amendments.

s.108 Outright gifts etc. between husband and wife.

s.109 Settlements where settlor retains interest in settled property.

s.110 Residence of trustees.

s.111 Residence of personal representatives.

s.112 Security: trades etc.

s.113 Security: trades etc. (supplementary).

s.114 Relief for pre-trading expenditure.

s.115 Double taxation: tax credits.

s.116 Interest payments to Netherlands Antilles subsidiaries.

s.121 Miscellaneous amendments.

s.122 Annual exempt amount for 1989-90.

s.123 Increase of chattel exemption.

s.124 Relief for gifts.

s.125 Gifts to housing associations.

s.126 Non-resident carrying on profession or vocation in the United Kingdom.

s.127 Non-residents: deemed disposals.

s.128 Non-residents: post-cessation disposals.

s.129 Non-residents: roll-over relief.

s.130 Exploration or exploitation assets: definition.

s.131 Exploration or exploitation assets: deemed disposals.

s.132 Dual resident companies: deemed disposal.

s.133 Dual resident companies: roll-over relief.

s.134 Non-payment of tax by non-resident companies.

s.135 Value shifting.

s.136 Value shifting: reductions attributable to distributions within a group.

s.137 Value shifting: transactions treated as a reorganisation of share capital.

s.138 Groups of companies.

s.139 Corporate bonds.

s.140 Collective investment schemes.

s.141 Re-basing to 1982 etc.

s.142 Power to call for documents and information.

s.143 Power to call for papers of tax accountant.

s.144 Restrictions on powers under

s.145 Falsification etc. of documents.

s.146 Entry with warrant to obtain documents.

s.147 Procedure where documents etc. are removed.

s.148 Interpretation.

s.149 Assessments founded on fraudulent or negligent conduct.

s.150 Further assessments: claims etc.

s.151 Assessment of trustees etc.

s.152 Distress for non-payment of tax.

s.153 Priority in cases of distraint by others.

s.154 Recovery of tax from debtor in Scotland.

s.155 Priority in cases of poinding etc. by others in Scotland.

s.156 Interest on overdue tax.

s.157 Effect of certain claims on interest.

s.158 Small amounts of interest.

s.159 Interest on tax in case of failure or error.

s.160 Determinations under TMA s. 88.

s.161 Tax carrying interest under TMA ss. 86 and 88.

s.162 Failure to make return.

s.163 Incorrect return, accounts etc.

s.164 Special returns, information etc.

s.165 Special penalties in the case of certain returns.

s.166 Assisting in preparation of incorrect return etc.

s.167 Determination of penalties.

s.168 Amendments consequential on section 167.

s.169 Time limits.

s.170 Up-rating of certain penalties.

s.171 Gifts to housing associations.

s.172 Abatement of exemption where claim settled out of beneficiary’s ownresources.

s.173 Insurance: abolition of certain duties.

s.174 Unit trusts.

s.175 Stamp duty: stock exchange nominees

s.176 Stamp duty reserve tax: stock exchange nominees

s.177 Stamp duty reserve tax: information.

s.178 Setting of rates of interest.

s.179 Provisions consequential on section 178.

s.180 Repayment interest: period of accrual.

s.181 Broadcasting: additional payments by programme contractors.

s.182 Disclosure of information.

s.182 Double taxation: disclosure of information.

s.183 Government securities: redemption and transfer.

s.184 National savings accounts.

s.185 Winding up of Redemption Annuities Account.

s.186 Interpretation etc.

s.187 Repeals.

s.188 Short title.

Schedules

4 of 171 shown

s.sch005 (1) The trust deed must contain provision as to the... Regulated

Include mandatory beneficiary rules in employee share trust deedTrader

s.sch005 (1) The trust deed must contain provision as to the... Regulated

Include trustee functions in your share scheme trust deedDirector or Officer

s.sch005 (1) The trust deed must require that any sum received... Regulated

Include trust deed rules for handling sums received by trusteesTrader

s.sch005 (1) Subject to paragraph 8 below, the trust deed must... Regulated

Ensure employee share trust only buys qualifying shares in the founding companyDirector or Officer

167 other schedules

s.sch002 Schedule 2 para.3

s.sch003 For Group 8 (construction of buildings etc.) of Schedule 5...

s.sch003 In Schedule 1 (registration) to the Value Added Tax Act...

s.sch003 In Schedule 2 (supplies of goods and services) to the...

s.sch003 (1) Subject to sub-paragraphs (2) and (3) and paragraph 13...

s.sch003 (1) Subject to sub-paragraph (3) below, the amendments made by...

s.sch003 (1) Group 8A (protected buildings) of that Schedule shall be...

s.sch003 In Group 11 (caravans and houseboats) of that Schedule, for...

s.sch003 (1) For Group 1 (land) of Schedule 6 (exemptions) to...

s.sch003 The following section shall be substituted for section 21 (refund...

s.sch003 (1) The following section shall be inserted in the ValueAdded...

s.sch003 In section 42 (adjustment of consideration on changes in tax)...

s.sch003 In section 45(4) (orders etc.) of the Value Added TaxAct...

s.sch003 In section 48 (interpretation) of the Value Added Tax Act...

s.sch004 The Taxes Act 1988 shall be amended in accordance with...

s.sch004 (1) Paragraphs 13(2) and 14(2) of Schedule 8 (which provide...

s.sch004 At the end of paragraph 13 of Schedule 8 (calculation...

s.sch004 In paragraph 14 of Schedule 8 (calculation of distributable pool...

s.sch004 At the end of paragraph 14 of Schedule 8 there...

s.sch004 (1) Paragraph 19 of Schedule 8 (profit and loss account...

s.sch004 After paragraph 20 of Schedule 8 there shall be inserted—...

s.sch004 (1) In section 171(4) (limit on pay of which half...

s.sch004 After section 177 there shall be inserted— Death of scheme...

s.sch004 (1) Section 178 (cancellation of registration) shall be amended as...

s.sch004 At the end of section 179 (recovery of tax) there...

s.sch004 At the end of section 180 (annual returns) there shall...

s.sch004 At the end of section 181 (information) there shall be...

s.sch004 (1) Section 182 (appeals) shall be amended as follows.

s.sch004 (1) Paragraph 7 of Schedule 8 (no payments for employees...

s.sch005 A trust is a qualifying employee share ownership trust at...

s.sch005 The trust deed must not contain features which are not...

s.sch005 (1) The trust deed must provide that, for the purposes...

s.sch005 A trust which was at the time it was established...

s.sch005 (1) Subject to sub-paragraphs (2) and (3) below, a trust...

s.sch005 A trust is an employee share ownership trust at a...

s.sch005 For the purposes of this Schedule the following are securities—...

s.sch005 For the purposes of this Schedule, the question whether one...

s.sch005 (1) For the purposes of this Schedule a person shall...

s.sch005 For the purposes of this Schedule a trust is established...

s.sch005 For the purposes of this Schedule “ SAYE option scheme...

s.sch005 (1) The trust must be established under a deed (the...

s.sch005 (1) The trust deed must provide for the establishment of...

s.sch005 Where a trust is established after the day on which...

s.sch005 (1) The following are the provisions that must be complied...

s.sch005 (1) This paragraph applies where the trust deed provides that...

s.sch005 The trust deed may provide that the trustees may acquire...

s.sch005 (1) The trust deed must provide that—

s.sch006 Retirement Benefits Schemes

s.sch007 Personal Pension Schemes

s.sch008 Section 433 (profits reserved for policy holders or annuitants) shallcease...

s.sch008 (1) In section 434 (franked investment income etc.), for subsection...

s.sch008 Section 435 (taxation of gains reserved for policy holders and...

s.sch008 In section 436 (annuity and pension business: separate charge on...

s.sch008a Modification of sections 82 TO 83A, 88 and 89 in relation to overseas life insurance companies

s.sch009 Chapter II of Part XIII of the Taxes Act 1988...

s.sch009 At the end of section 539 there shall be added—...

s.sch009 (1) Section 540 shall be amended as follows.

s.sch009 (1) Section 541 shall be amended as follows.

s.sch009 (1) Section 547 shall be amended as follows.

s.sch009 (1) Section 548 shall be amended as follows.

s.sch009 In section 552, in subsection (2), after paragraph (b) there...

s.sch009 Paragraph 5 above shall have effect in relation to chargeable...

s.sch010 Schedule 4 to the Taxes Act 1988 (deep discount securities)...

s.sch010 (1) Paragraph 1 shall be amended as follows.

s.sch010 The following sub-paragraph shall be inserted after paragraph 4(7)—

s.sch010 In paragraph 11(1) after the words “deep discount security” thereshall...

s.sch010 The following paragraph shall be inserted after paragraph 11—

s.sch010 The following sub-paragraph shall be inserted after paragraph 13(2)—

s.sch010 The following shall be inserted after paragraph 14— Retirement benefit...

s.sch011 (1) For the purposes of this Schedule a deep gain...

s.sch011 (1) Where on a transfer or redemption of a security...

s.sch011 (1) Where, for the purposes of paragraph 5 above and...

s.sch011 (1) Sub-paragraph (2) below applies where— (a) by virtue of...

s.sch011 In a case where— (a) paragraph 5 above would apply...

s.sch011 (1) In a case where— (a) paragraph 5 above would...

s.sch011 In a case where— (a) a security is the subject...

s.sch011 In a case where paragraph 5 above applies to the...

s.sch011 Section 108 of the Taxation of Chargeable Gains Act 1992...

s.sch011 (1) Sub-paragraph (2) below applies where— (a) a security is...

s.sch011 (1) For the purposes of paragraph 1 above a qualifying...

s.sch011 (1) In a case where— (a) securities have been issued...

s.sch011 (1) In a case where— (a) all the securities issued...

s.sch011 (1) A security which (apart from this paragraph) would be...

s.sch011 (1) Sub-paragraph (2) below applies where— (a) a qualifying indexed...

s.sch011 (1) Sub-paragraph (2) below applies where— (a) a security is...

s.sch011 (1) In a case where— (a) a security is a...

s.sch011 (1) This paragraph applies to a security whose terms contain...

s.sch011 (1) The Treasury may make regulations amending paragraph 2 above...

s.sch011 (1) For the purposes of paragraph 1 above a security...

s.sch011 (1) This paragraph applies where— (a) securities (old securities) of...

s.sch011 (1) This paragraph has effect for the purposes of this...

s.sch011 (1) This paragraph applies if— (a) there is a transfer...

s.sch011 (1) This paragraph applies where— (a) there is a transfer...

s.sch011 (1) Paragraph 5 above applies where there is a redemption...

s.sch011 (1) Where an individual who is entitled to a security...

s.sch011 (1) This paragraph applies where a security is transferred from...

s.sch012 In this Part of this Schedule “ the relevant provisions...

s.sch012 (1) In section 214 of the Taxes Act 1988 (chargeable...

s.sch012 (1) Section 360 of the Taxes Act 1988 (loan to...

s.sch012 (1) Section 360A of the Taxes Act 1988 (cases in...

s.sch012 (1) In section 576 of the Taxes Act 1988 (which...

s.sch012 (1) In section 623 of the Taxes Act 1988 (meaning...

s.sch012 (1) In section 644 of the Taxes Act 1988 (meaning...

s.sch012 In section 745 of the Taxes Act 1988 (power to...

s.sch012 (1) Paragraph 7 of Schedule 8 to the Taxes Act...

s.sch012 The inspector may, by notice, require any company which is,...

s.sch012 (1) The inspector may, for the purposes of the relevant...

s.sch012 In the first column of the Table in section 98...

s.sch012 In section 13 of the Taxes Act 1988 (small companies’...

s.sch012 (1) In section 168(11) of the Taxes Act 1988 (cases...

s.sch012 (1) In section 187(3) of the Taxes Act 1988 (cases...

s.schedule/16/part/ii/paragraph/wrapper1n2 Schedule 4 Rental Payments Advertising revenue (1) The advertising revenue of a programme contractor for an...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Finance Act 1989

Does it bind you?

Other Acts binding the same actors

What it requires

Schedules