Section 1029 — Income Tax Act 2007: Power to undo changes

Power to undo changes 1029 1 The Treasury may by order make such provision as the Treasury consider appropriate, in relation to a case in which the Treasury consider that a provision of this Act changes the effect of the law, for the purpose of returning the effect of the law to what it was immediately before 6 April 2007.

2 The power conferred by subsection (1) may not be exercised after 5 April 2010.

3 An order under this section may amend, repeal or revoke any provision made by or under this Act or by or under any other Act.

4 An order under this section may contain provision having retrospective effect.

5 An order under this section may contain incidental, supplemental, consequential and transitional provision and savings.