Act of Parliament

Latest news on the Finance (No.2) Act 2017

Following agreement by both Houses on the text of the Bill it received Royal Assent on 16 November 2017. The Bill is now an Act of Parliament (law).

Please note that this Act was originally the first Finance Bill of the current parliamentary session, and Bills are numbered according to parliamentary Session. This first Finance Bill of the current Session has now received the Royal Assent as the Finance (No. 2) Act 2017. Acts are numbered by calendar year.

A second Finance bill will shortly be introduced following the Chancellor's Budget statement on 22 November 2017 - this will be Finance (No.2) Bill.

Summary of the Finance (No.2) Act 2017

A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.