{
  "url": "https://openlegislation.uk/capital-gains-tax-definition-of-permanent-interest-bearing-share-regulations-2006/note",
  "json_url": "https://openlegislation.uk/capital-gains-tax-definition-of-permanent-interest-bearing-share-regulations-2006/note.json",
  "legislation": "uksi/2006/3291",
  "legislation_title": "The Capital Gains Tax (Definition of Permanent Interest Bearing Share) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/capital-gains-tax-definition-of-permanent-interest-bearing-share-regulations-2006",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the definition of “permanent interest-bearing share” in section 117 of the Taxation of Chargeable Gains Act 1992.\nRegulation 1 provides for citation and commencement.\nRegulation 2(1)(b) amends the definition of “permanent interest-bearing share” by substituting a reference to the General Prudential Sourcebook issued by the Financial Services Authority under the Financial Services and Markets Act 2000 for the existing reference to the Interim Prudential Sourcebook for Building Societies. The Interim Prudential Sourcebook for Building Societies is being superseded by the General Prudential Sourcebook.. Sub-paragraph (a) of that paragraph makes a minor amendment to the definition to reflect the fact that the definitions used in the General Prudential Sourcebook are now contained in a separate Glossary.\nRegulation 2(2) repeals words which are redundant in consequence of the amendment made by regulation 2(1)(b).\nThese Regulations do not impose new costs on business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/3291/note",
    "retrieved_at": "2026-10-29T04:13:22.603596+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}