Taxes Consolidation Act 1997 section 835

Saver for arrangements made under section 362 of Income Tax Act, 1967

Section 835 preserves the continued legal effect of sea and air transport double taxation agreements made under a repealed provision of the Income Tax Act 1967.

• Section 362 of the Income Tax Act 1967, which enabled the Government to enter into double taxation agreements for sea and air transport, was repealed by the Finance Act 1987 as it was considered redundant.
• Before the repeal took effect on 9 July 1987, orders had been made under section 362 in respect of agreements with South Africa (SI 210/1959) and Spain (SI 26/1977).
• Section 835 provides that those existing agreements continue to have the force of law as if the 1987 repeal had not occurred.
• Section 826 now contains powers similar to, but wider in scope than, those in the former section 362 for entering into double taxation agreements.