Commentary on Sections Part 10: General provisions Chapter 3: Supplementary and general provisions Section 882: Consequential amendments
3330.This section is new. It contains a subsection introducing Schedule 1 and a power to allow the Treasury to make by order consequential amendments.
3331.The power will not be invoked without the agreement of the Tax Law Rewrite Project’s Consultative and Steering Committees to the proposed modifications.
3332.Subsection (1) gives effect to Schedule 1.
3333.Subsections (2) to (5) contain the power. It is to be exercised by Treasury order and will where appropriate allow both amendments and repeals in consequence of this Act only. But those amendments and repeals are limited in effect by subsections (4)(a) and (5). Subsection (4)(b) allows appropriate transitional or savings provisions to be made in respect of any of those amendments or repeals.