Paragraph 2 The Finance Act 1986

(1)

The Finance Act 1986^f1 is amended as follows.

(2)

In section 80D, in subsection (9), omit the “or” at the end of paragraph (ha) and after that paragraph insert—

“(hb)
if a special administration order takes effect under the Payment and Electronic Money Institution Insolvency Regulations 2021, or”.

(3)

In section 89AB, in subsection (9), omit the “or” at the end of paragraph (ha) and after that paragraph insert—

“(hb)
if a special administration order takes effect under the Payment and Electronic Money Institution Insolvency Regulations 2021, or”.

Annotations

f1: 1986 c. 41. In section 80D(9), paragraph (ha) was inserted by S.I. 2011/245. In section 89AB(9), paragraph (ha) was inserted by S.I. 2011/245.