# The Taxation of Securitisation Companies Regulations 2006, Regulation 4: Meaning of “securitisation company”


(1) For the purposes of these Regulations a “securitisation company” means a company that meets conditions A and B.
(2) Condition A is that the company is—
(a) a note-issuing company (see regulation 5),
(b) an asset-holding company (see regulation 6),
(c) an intermediate borrowing company (see regulation 7),
(d) a warehouse company (see regulation 8), or
(e) a commercial paper funded company (see regulation 9).
(3) Condition B is that the company has a retained profit (see regulation 10).

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110753275/regulation/4 (the official version)
Page: https://openlegislation.uk/draft-taxation-of-securitisation-companies-regulations-2006/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.