Finance (No. 2) Act 2008

Relevant territory.

33.— The Principal Act is amended—

(a) in the definition of “ relevant territory ” in section 21B(1)(a)—

(i) in subparagraph (i) by deleting “or” and in subparagraph (ii) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after subparagraph (ii):

“(iii) not being a territory referred to in subparagraph (i) or (ii), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

(b) in the definition of relevant territory” in section 153(1)—

(i) in paragraph (a) by deleting “or” and in paragraph (b) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after paragraph (b):

“(c) not being a territory referred to in paragraph (a) or (b), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

(c) in the definition of “ relevant territory ” in section 172A(1)(a)—

(i) in subparagraph (i) by deleting “or” and in subparagraph (ii) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after subparagraph (ii):

“(iii) not being a territory referred to in subparagraph (i) or (ii), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

(d) in the definition of “ relevant territory ” in section 198(1)(a)—

(i) in subparagraph (i) by deleting “or” and in subparagraph (ii) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after subparagraph (ii):

“(iii) not being a territory referred to in subparagraph (i) or (ii), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

(e) in the definition of “ relevant territory ” in section 246(1)—

(i) in paragraph (a) by deleting “or” and in paragraph (b) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after paragraph (b):

“(c) not being a territory referred to in paragraph (a) or (b), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

(f) in section 452—

(i) by inserting in subsection (1)(a) the following after “section 826(1)” in the definition of “ arrangements ”:

“or arrangements made with the government of a territory which on completion of the procedures set out in section 826(1) will have the force of law”,

and

(ii) by inserting in subsection (1)(b)(i) “and have effect in accordance with the provisions of those arrangements” after “have been made”,

(g) in the definition of “ relevant territory ” in section 626B(1)(a)—

(i) in subparagraph (i) by deleting “or” and in subparagraph (ii) by substituting “have been made, or” for “have been made;”, and

(ii) by inserting the following after subparagraph (ii):

“(iii) not being a territory referred to in subparagraph (i) or (ii), a territory with the government of which arrangements have been made which on completion of the procedures set out in section 826(1) will have the force of law;”,

and

(h) in paragraph 9F of Schedule 24 by inserting the following after clause (b) of subparagraph (1):

“(c) (i) In this clause ‘arrangements’ means arrangements made with the government of a territory which on completion of the procedures set out in section 826(1) will have the force of law.

(ii) A territory not otherwise within subparagraph (1)(b)(i)(II) shall for the purposes of this paragraph be so treated if it is a territory with the government of which arrangements have been made.”.