Corporation Tax Act 2009 section 1323

Power to make consequential provision

Section 1323 gives the Treasury a time-limited power to make consequential amendments by order arising from the Corporation Tax Act 2009.

• The Treasury may make orders containing provisions that are a consequence of the Corporation Tax Act 2009, including amending, repealing or revoking provisions in any Act (including Acts of the Scottish Parliament and Northern Ireland legislation).
• This power expired on 31 March 2012, reflecting the practical difficulty of making accurate consequential amendments as subsequent Finance Acts are enacted.
• Orders made under this power may have retrospective effect, though in practice any backdating is limited to the date the Act came into force, and each case must be considered on its merits.
• Orders may also include incidental, supplemental, transitional and savings provisions to support the smooth implementation of changes.