772Further provisions about Orders under section 771
(1) An Order in Council under section 771 may limit the operation of that section in relation to a state in any way appearing to Her Majesty appropriate having regard to the reciprocal arrangement with the state.
(2) An Order under that section may be made so as to have effect from a date earlier than that on which it is made, but not earlier than the reciprocal arrangement in question comes into force.
(3) An Order under that section may contain such transitional provisions as appear to Her Majesty appropriate.
(4) A statutory instrument containing an Order under that section is subject to annulment in pursuance of a resolution of the House of Commons.
This Act comes into force on 6 April 2005 and has effect, for the purposes of income tax for the year 2005–06 and subsequent tax years, and for the purposes of corporation tax for accounting periods ending after 5 April 2005: see s 883; for transitional provisions and savings see Sch 2 hereto.
Foreign Income92International Law93Company Law & Business Entities92Trusts & Trustees99Equity & Trusts99Companies & Corporate Bodies92Income Tax99International Institutions & Organisations93Trading Income94International Tax99Tax Law99Exempt Income93Personal Taxes94Overseas Elements of Income Tax99