Omission of Article 272: amendment deems past excise and other grant distributions governed by Article 270. The amendment omits Article 272 and includes savings that deem sums equal to net proceeds of Union excise duties and other taxes distributed as grants in ... Summary
Omission of Article 272: amendment deems past excise and other grant distributions governed by Article 270.
The amendment omits Article 272 and includes savings that deem sums equal to net proceeds of Union excise duties and other taxes distributed as grants in aid after 1 April 1996 but before the Act's commencement to have been distributed in accordance with Article 270, thereby treating specified prior distributions as if governed by the revenue allocation regime under Article 270 from 1 April 1996.
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