Section 301 — Finance Act 2014: Power to update indexes of defined terms

Power to update indexes of defined terms 301 1 The Treasury may by order amend any index of defined expressions contained in an Act relating to taxation, so as to make amendments consequential on any enactment.

2 In this section— “ enactment ” means any provision made by or under an Act (whether before or after the passing of this Act); “ index of defined expressions ” means a provision contained in an Act relating to taxation which lists where expressions used in the Act, or in a particular part of the Act, are defined or otherwise explained.

3 The power to make an order under this section is exercisable by statutory instrument.

4 An order under this section is subject to annulment in pursuance of a resolution of the House of Commons.