Finance Act 2022

Amendment of section 59 of and Schedule 1 to Principal Act

54. The Principal Act is amended—

(a) in section 59(1), in the definition of “qualifying activities”—

(i) in paragraph (d), by the substitution of the following subparagraph for subparagraph (ii):

“(ii) directly in connection with the export of goods to a place outside the Community, and”,

and

(ii) by the deletion of paragraph (e),

and

(b) in Part 2 of Schedule 1, in paragraph 6(1), by the substitution of the following clause for clause (a):

“(a) issuing, transferring or otherwise dealing in stocks, shares, debentures and other securities (other than documents establishing title to goods);’’.