# The Saving Gateway Accounts (No. 2) Regulations 2009, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations make detailed tax provision for Saving Gateway Accounts, under the Saving Gateway Accounts Act 2009 (c. 8).
Regulation 1 provides for citation and commencement, and regulation 2 for interpretation.
Regulation 3 provides for exemption of income (or gains) of a Saving Gateway Account for tax purposes.
Regulations 4 to 6 deal with ancillary tax matters (including recoupment of tax relief wrongly given).
A full Regulatory Impact Assessment for the Saving Gateway was published on 4 December 2008, the date of the introduction of the Saving Gateway Accounts Bill.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111482209/note (the official version)
Page: https://openlegislation.uk/draft-saving-gateway-accounts-no-2-regulations-2009/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.