# The Taxation of Securitisation Companies Regulations 2006, Regulation 19: Application, modification and non-application of provisions of the Corporation Tax Acts


(1) Paragraph 2 of Schedule 9 to the Finance Act 1996 (loan relationships: special computational provisions: late interest) shall not apply if the person standing in the position of a creditor as respects a loan relationship within that paragraph is a securitisation company.
(2) Paragraph 12 of that Schedule (continuity of treatment: groups etc) shall not apply if the “transferee company” or “transferor company” in subparagraph (1) of that paragraph is a securitisation company.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110753275/regulation/19 (the official version)
Page: https://openlegislation.uk/draft-taxation-of-securitisation-companies-regulations-2006/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.