Regulation 3 Scope of these Regulations
(1)
These Regulations make provision as to the application of the Corporation Tax Acts in relation to a securitisation company.
(2)
The Regulations deal with the following matters—
(a)
they define “securitisation company” and related expressions (see regulations 4 to 10);
(b)
they specify securitisation companies to which specified regulations do not apply (see regulations 11 to 12);
(c)
they specify companies to which these Regulations do not apply (see regulation 13);
(d)
they make provision as to profit of a securitisation company to be brought into account for an accounting period for corporation tax purposes (see regulation 14);
(e)
they make supplementary provision (see regulations 15 to 21).