The Planning-gain Supplement (Preparations) Act 2007 (c. 2) is an act of the Parliament of the United Kingdom.
The Treasury may by order repeal this act.The Planning Act 2008, section 225(2)
Provisions Proposals for a planning-gain supplement were first announced in 2005.
Provisions The act established a new tax (the planning-gain supplement) on the increased value created when land is granted planning permission.
Section 1 - Preparatory expenditure This section provides:
"Secretary of State"
This means one of Her Majesty's Principal Secretaries of State.The Interpretation Act 1978, section 5 and Schedule 1
Further developments The government announced it would not proceed with implementing the tax in October 2007.
References Halsbury's Statutes, Current Law Statutes Annotated 2007
External links The Planning-gain Supplement (Preparations) Act 2007, as amended from the National Archives. The Planning-gain Supplement (Preparations) Act 2007, as originally enacted from the National Archives. Explanatory notes to the Planning-gain Supplement (Preparations) Act 2007.