{
  "url": "https://openlegislation.uk/deposit-takers-interest-payments-discretionary-or-accumulation-trusts-regulations-1995/regulation-4",
  "json_url": "https://openlegislation.uk/deposit-takers-interest-payments-discretionary-or-accumulation-trusts-regulations-1995/regulation-4.json",
  "legislation": "uksi/1995/1370",
  "legislation_title": "The Deposit-takers (Interest Payments) (Discretionary or Accumulation Trusts) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/deposit-takers-interest-payments-discretionary-or-accumulation-trusts-regulations-1995",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Receipt of notification by deposit-taker",
  "text": "(1) On receipt of a notification under section 481(5B), a deposit-taker shall be entitled not to deduct tax pursuant to section 480A(1) from any payment of interest in respect of the deposit to which the notification relates and which is made in the circumstances specified in paragraph (2) below.\n(2) The circumstances specified in this paragraph are where the payment is made within the period of 30 days following receipt of the notification, and at the time of the making of the payment it has not become reasonably practicable for the deposit-taker to deduct tax pursuant to section 480A(1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/1370/regulation/4",
    "retrieved_at": "2026-10-29T13:08:53.506374+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."
}