Income Tax (Trading and Other Income) Act 2005 section 884

Repeals and revocations

Section 884 gives effect to Schedule 3, which lists the earlier laws and provisions that are repealed or revoked as a consequence of the Income Tax (Trading and Other Income) Act 2005.

• Schedule 3 formally repeals or revokes earlier enactments that have been replaced by provisions in the 2005 Act.
• The repeals and revocations include certain spent enactments — that is, laws which had already ceased to have any practical effect.
• This section is a standard housekeeping provision ensuring the statute book is kept tidy by removing superseded legislation.
• The detailed list of which specific Acts and statutory instruments are affected is set out in Schedule 3 itself.