Income Tax Act 2007 section 711

Proceedings in Northern Ireland

Section 711 adapts the rules for court proceedings relating to the transactions in securities provisions so that they work within the Northern Irish court system.

• Where HMRC issues a counteraction notice in respect of transactions in securities, appeals may arise in Northern Ireland as well as in England and Wales
• The procedural rules for handling these appeals are modified to reflect the distinct court structure in Northern Ireland
• References to the relevant courts are substituted with their Northern Irish equivalents, ensuring the appeal route functions correctly in that jurisdiction
• The final appeal route leads to the Supreme Court, which replaced the House of Lords as the highest court of appeal