Finance Act 1987
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Change 1
68 Abolition of enactments relating to exchange control.
(1) The Exchange Control Act 1947 shall cease to have effect. (2) Nothing in subsection (1) above affects the power of the Treasury to issue a certificate under subsection (2) of section 18 of that Act (including that subsection as applied by section 28(3) or section 29(3) of that Act) with respect to acts done before 13th December 1979. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) Subsections (1) and (2) above extend to the Channel Islands and the Isle of Man.
68 Abolition of enactments relating to exchange control.
(1) The Exchange Control Act 1947 shall cease to have effect. (2) Nothing in subsection (1) above affects the power of the Treasury to issue a certificate under subsection (2) of section 18 of that Act (including that subsection as applied by section 28(3) or section 29(3) of that Act) with respect to acts done before 13th December 1979. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) Subsections (1) and (2) above extend to the Channel Islands and the Isle of Man.
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