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Paragraph 1 Meaning of specified type of body corporate

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In this Schedule “specified type of body corporate” means a body corporate which is—

(a)

a body corporate formed in a member State other than the United Kingdom,

(b)

a body corporate formed in a relevant British overseas territory (within the meaning of section 14 (power to make advances secured on land overseas) of the Act), or

(c)

a body corporate formed in any of the following countries:

United States of America, Japan, Canada and Switzerland.