# The Taxation of Regulatory Capital Securities Regulations 2013, Regulation 6: Exception from duty to deduct income tax


The duty to deduct a sum representing income tax under section 874 (duty to deduct from certain payments of yearly interest) or section 889 (payments in respect of building society securities) of ITA 2007 does not apply to a payment in respect of a regulatory capital security.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111106273/regulation/6 (the official version)
Page: https://openlegislation.uk/draft-taxation-of-regulatory-capital-securities-regulations-2013/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.