Taxes Management Act 1970 section 82

Savings

Section 82 was a savings provision within the Taxes Management Act 1970, designed to preserve the continued effect of certain existing legal instruments and practices despite changes introduced by the Act itself.

• Section 82 ensured that existing secondary legislation, rules and administrative practices made under earlier tax statutes remained valid and effective after the Taxes Management Act 1970 came into force.
• The provision acted as a transitional safeguard, preventing any unintended disruption to ongoing tax administration that might otherwise result from the repeal or replacement of prior enactments.
• By preserving existing instruments, the section avoided the need to re-enact every regulation and order that had been made under the legislation the 1970 Act replaced.
• Section 82 was subsequently repealed by the Finance Act 1995, Schedule 29, Part 8(16), as the transitional provisions it contained were no longer needed.

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