The Weekly Law Reports
[1966] 1 WLR 446
[CHANCERY DIVISION]
DAVIES (INSPECTOR OF TAXES)
v.
DAVIES JENKINS & CO. LTD.
1965 Dec. 17,
21
STAMP J.
Revenue
— Income tax
— Discontinuance of trade
— Company subvention agreement between associated companies
— Associated company ceasing to trade
— Subsequent payments received under agreement
— Whether subvention payment relief available
—
Finance Act, 1953 (1 & 2 Eliz. 2, c. 34), s. 20 (1) (9) (10).
Statute
— Construction
— Subsequent enactments
— Whether relevant in interpreting earlier one
— Acts forming statutory code
— Where no ambiguity not permissible to have regard to subsequent enactment as aid to construction
—
Finance Act, 1953 (1 & 2 Eliz. 2, c. 34), s. 20
—
Finance Act, 1954 (2 & 3 Eliz. 2, c. 44), s. 18.