Regulation 2 Interpretation
In these Regulations—
-
“the Board” means the Commissioners of Inland Revenue;
-
“discretionary or accumulation trust” has the meaning given by section 481(4A) of the Taxes Actf1;
-
“notice” means notice in writing;
-
“payment” includes “credit”;
-
“section 480A(1)” and “section 481(5B)”f2 mean section 480A(1) and section 481(5B) respectively of the Taxes Act;
-
“the Taxes Act” means the Income and Corporation Taxes Act 1988.
Annotations
Footnotes
- f1
-
Section 481(4A) was inserted by section 86(2) of the Finance Act 1995.
- f2
-
Section 480A was inserted by paragraph 7 of Schedule 5 to the Finance Act 1990 (c. 29), and section 481(5B) was inserted by section 86(4) of the Finance Act 1995.