keep The Wales Act 2014 (Commencement No. 2) Order 2018
This Order brings into force provisions of the Wales Act 2014 relating to Welsh tax-setting powers. It appoints 24th July 2018 as the commencement date for sections 8 and 9 (inserting provisions into GOWA 2006 and ITA 2007) and section 11 amendments to the Scotland Act 1998. The Order provides that Welsh rate resolutions may first be made by the National Assembly for Wales for tax year 2019-20, and that the Comptroller and Auditor General's reporting obligations apply from the financial year ending 31st March 2018.
This is a commencement order that merely activates provisions already enacted by the Wales Act 2014, which received Parliamentary approval. Deleting it would leave Welsh tax-raising powers and devolution provisions in legal limbo, preventing the National Assembly from exercising democratically mandated functions. As a procedural/administrative instrument rather than a regulatory burden on economic activity, it creates no compliance costs, restricts trade, or distort market incentives.