Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

ACT definition

What does ACT mean? In corporate and banking practice, ACT usually refers to the Association of Corporate Treasurers, the UK-based professional body for corporate treasury professionals, rather than a statutory “Act”. It is not defined in legislation or case law; the acronym is market terminology used in transaction documents and governance materials. The Association of Corporate Treasurers promotes professional standards in liquidity management, funding, cash and risk management, foreign exchange and derivatives. It publishes guidance and a code of ethics and awards recognised qualifications (including AMCT and FCT). In legal contexts, references to “ACT-qualified” personnel or to ACT good practice may appear in treasury policies,...

Finance Act 2016 (UK): parliamentary progress tracker and measure-by-measure summary with implementation dates and draft Bill changes [Archived]

Published by a LexisNexis Tax expert

Practice notes

ARCHIVED: This PrACTice Note is archived and not maintained. It outlines the Finance Act 2016 (FA 2016), which secured Royal Assent on 15 September 2016. Retained for historical Interest, it traces the legislation’s passage through Parliament and sets out, with relevant links, each measure contained in the Act.

This Practice Note is divided into four parts:

Progress of FA 2016
FA 2016—measure by measure
Items included in the Draft Finance Bill on 9 December 2015 but not in FA 2016
Items that were expected to be included in FA 2016

Progress of FA 2016

This section records how FA 2016 progressed through Parliament.

9 December 2015 — Draft legislation published
14–29 January 2016 — Lords Select Committee: inquiry into the draft FB 2016
9 December 2015–3 February 2016 — Consultation on draft clauses to be included in FB 2016
24 March 2016 — FB 2016 published (Bill as introduced)
11 April 2016 — House of Commons: First and Second Reading
19 May 2016 — House of Commons: First and Second Reading...

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Web page updated on 21/05/2026

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