It restated certain legislation relating to income tax, with minor changes that were mainly intended "to clarify existing provisions, make them consistent or bring the law into line with well established practice.

"[2] The Bill was the work of the Tax Law Rewrite Project team at the Inland Revenue.

[3] Section 1(2) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

This section was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 79(2) was repealed by Part 1 of Schedule 3 to the Corporation Tax Act 2009.

Sections 108(4)(c) and (d) were repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Sections 186(2) to (4) were repealed by paragraph 439(4) of the Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (SI 2009/56).

Sections 322(2)(b) and (c) were repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 339(3) was repealed by paragraph 43(2)(a)(ii) of Schedule 39 to the Finance Act 2012.

Section 397(2)(b) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 457(3) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 685A(4)(c) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 724(3) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Sections 862(3) and (7) were repealed by Part 1 of Schedule 3 to the Corporation Tax Act 2009.

These sections were repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

Section 879(2) was repealed by Part 1 of Schedule 3 to the Income Tax Act 2007.

This section was repealed by Part 1 of Schedule 3 to the Corporation Tax Act 2009.