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 2018: UK Parliamentary timeline and measure-by-measure summary (archived)

Published by a LexisNexis Tax expert

Practice notes

ARCHIVED: This Practice Note is archived and is no longer maintained. It covers the Finance Act 2018 (FA 2018), which received Royal assent on 15 March 2018. Kept for historical interest, it traces the Bill’s route through Parliament and summarises each measure in the Act, with relevant links.

This Practice Note is divided into two parts:

Progress of FA 2018
FA 2018—measure by measure

For detailed tracking of the consultations referenced, see: Tax—consultation and legislation tracker.

Progress of FA 2018

This section sets out how FA 2018 progressed through Parliament.

13 September 2017 — Draft legislation published (Draft)
25 October 2017 — Consultation on draft legislation closed
22 November 2017 — Autumn Budget
28 November 2017 — First reading and approval of Budget Resolutions
1 December 2017 — Finance Bill 2018 published (Bill as introduced)
11 December 2017 — Second reading in the House of Commons
18–19 December 2017 — Consideration by Committee of the Whole House
9 January 2018 — Public Bill Committee stage began
16 January 2018 — Public Committee stage completed (Bill as amended by Committee)
21 February 2018 — Remaining stages in House...

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Web page updated on 21/05/2026

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