HC Deb 05 July 1999 vol 334 c713

'.—(1) In paragraph 3 of Schedule 19 to the Finance Act 1982 (months in which instalments may be withheld)—

  1. (a) in sub-paragraph (1), at the beginning there shall be inserted "Subject to sub-paragraph (1A) below," and after "month" there shall be inserted "(the relevant month)"; and
  2. (b) after that sub-paragraph there shall be inserted the following sub-paragraph—

?(1A) Sub-paragraph (1) above does not apply if the relevant month is a month in which any consideration (whether in the nature of income or capital) is received or receivable by the participator in respect of any such matter as is mentioned in paragraph (a) or (b) of section 6(2) of the Oil Taxation Act 1983 (chargeable tariff receipts)."

(2) Subsection (1) above applies for the purpose of determining whether instalments are payable in respect of chargeable periods ending on or after 31st December 1999.'.—[Mrs. Roche.]

Brought up, read the First and Second time, and added to the Bill.

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