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FINANCE AND ADMINISTRATION

his budget statement, and one at least of them is usually passed on the same night. The budget resolutions, like the resolutions of the committee of supply, do not obtain complete legal effect until they have been confirmed by an Act of Parliament. But it is necessary to prevent the lapse of such annual taxes as it is intended to continue, and also to guard against the loss of revenue which would in many eases arise if there were an interval between the announcement of intention to increase or impose a tax and the date at which the increase or imposition takes effect. If the intention to increase the duty on tea were announced before the date at which the increased duty took effect, tea would instantly pour into the ports at the lower rate. Consequently, under a usage which dates back at least to the time of Blackstone in the eighteenth century, a resolution for the imposition of a tax which ought on fiscal grounds to come into operation immediately takes administrative effect at once under directions given to the revenue authorities. If the resolution is approved by parliament it is embodied in and confirmed by an Act of Parliament, which for that purpose has a retrospective effect. If it should be modified in its passage through the house of commons, any amount collected in excess of that ultimately authorized would be refunded.
The budget resolutions proposed by the chancellor of the exchequer are discussed in

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where is HTML where is HEAD where is TITLE his budget statement, and one at least of them is usually passed on what is same night. what is budget resolutions, like what is resolutions of what is committee of supply, do not obtain complete legal effect until they have been confirmed by an Act of Parliament. But it is necessary to prevent what is lapse of such annual taxes as it is intended to continue, and also to guard against what is loss of revenue which would in many eases arise if there were an interval between what is announcement of intention to increase or impose a tax and what is date at which what is increase or imposition takes effect. If what is intention to increase what is duty on tea were announced before what is date at which what is increased duty took effect, tea would instantly pour into what is ports at what is lower rate. Consequently, under a usage which dates back at least to what is time of Blackstone in what is eighteenth century, a resolution for what is imposition of a tax which ought on fiscal grounds to come into operation immediately takes administrative effect at once under directions given to what is revenue authorities. If what is resolution is approved by parliament it is embodied in and confirmed by an Act of Parliament, which for that purpose has a retrospective effect. If it should be modified in its passage through what is house of commons, any amount collected in excess of that ultimately authorized would be refunded. what is budget resolutions proposed by what is chancellor of what is exchequer are discussed in where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is a href="default.asp" where is strong Parliament where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 106 where is p align="center" where is strong FINANCE AND ADMINISTRATION where is p align="justify" his budget statement, and one at least of them is usually passed on what is same night. what is budget resolutions, like what is resolutions of what is committee of supply, do not obtain complete legal effect until they have been confirmed by an Act of Parliament. But it is necessary to prevent what is lapse of such annual taxes as it is intended to continue, and also to guard against what is loss of revenue which would in many eases arise if there were an interval between what is announcement of intention to increase or impose a tax and what is date at which what is increase or imposition takes effect. If what is intention to increase what is duty on tea were announced before what is date at which what is increased duty took effect, tea would instantly pour into what is ports at what is lower rate. Consequently, under a usage which dates back at least to what is time of Blackstone in what is eighteenth century, a resolution for what is imposition of a tax which ought on fiscal grounds to come into operation immediately takes administrative effect at once under directions given to what is revenue authorities. If what is resolution is approved by parliament it is embodied in and confirmed by an Act of Parliament, which for that purpose has a retrospective effect. If it should be modified in its passage through what is house of commons, any amount collected in excess of that ultimately authorized would be refunded. what is budget resolutions proposed by what is chancellor of what is exchequer are discussed in where is Server.Execute("_SiteMap.asp") % travel books: Parliament books

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