http://www.legislation.gov.uk/uksi/2001/253/contents/made

The Finance Act 1989, Section 178(1), (Appointed Day) Order 2001

Working tax credit

King's Printer of Acts of Parliament

2011-07-04

TAXES

TAXES, NORTHERN IRELAND

This Order appoints 7th March 2001 as the day for periods beginning on or after which section 178(1) of the Finance Act 1989 has effect in relation to the rate of interest on recoverable amounts of working families' tax credit or disabled person’s tax credit (“tax credit”), and the rate of interest on penalties for fraudulently or negligently making any incorrect statement or declaration in connection with a claim for tax credit. At the same time as making this Order, the Treasury have also made the Taxes (Interest Rate) (Amendment No. 2) Regulations 2001 (S.I. 2001/254 ) which specify the rate of interest on recoverable amounts of tax credit and penalties for fraudulent or negligent claims as mentioned above and which come into force on the day appointed by this Order.