Jersey R & O 8763

FINANCE (No. 4)  (JERSEY) LAW 1995 (COMMENCEMENT) ACT

Act dated 6th December 1994 bringing into force a Bill to continue certain expiring fiscal Laws; to prescribe the standard rate of income tax for the year nineteen hundred and ninety-five; to amend further the law relating to income tax to increase certain personal allowances and reliefs and in respect of deductions on account of Social Security contributions, and to make new provision with regard to the taxation of certain partnerships, and to modify provisions relating to payments made under covenants and donations to charity and in respect of tax credits and annuity contracts and purchased life annuities; and to increase the fee for registration under the Banking Business (Jersey) Law 1991, as amended; and to increase tobacco duty and oils and spirits duty.

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(Promulgated on the 7th day of December 1994)

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STATES OF JERSEY

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The 6th day of December 1994

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THE STATES, in pursuance of Article 25 of the Public Finances (Administration) (Jersey) Law 1967,1 as amended, have declared that the Bill to continue certain expiring fiscal Laws; to prescribe the standard rate of income tax for the year nineteen hundred and ninety-five; to amend further the law relating to income tax to increase certain personal allowances and reliefs and in respect of deductions on account of Social Security contributions, and to make new provision with regard to the taxation of certain partnerships, and to modify provisions relating to payments made under covenants and donations to charity and in respect of tax credits and annuity contracts and purchased life annuities; and to increase the fee for registration under the Banking Business (Jersey) Law 1991,2 as amended;3 and to increase tobacco duty and oils and spirits duty (which Bill has this day been lodged “au Greffe”) shall immediately have effect as if it were a Law passed by the States and sanctioned by Her Majesty in Council.

G.H.C. COPPOCK

Greffier of the States.