{
  "url": "https://openlegislation.uk/enforcement-by-deduction-from-accounts-prescribed-information-regulations-2015/note",
  "json_url": "https://openlegislation.uk/enforcement-by-deduction-from-accounts-prescribed-information-regulations-2015/note.json",
  "legislation": "uksi/2015/1986",
  "legislation_title": "The Enforcement by Deduction from Accounts (Prescribed Information) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/enforcement-by-deduction-from-accounts-prescribed-information-regulations-2015",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations prescribe information for the purposes of Schedule 8 to the Finance (No.2) Act 2015 (2015 c.33) (“the Schedule”). One of the requirements of the Schedule is that information that has been prescribed in regulations must be given by a deposit-taker to HMRC in certain specific circumstances.\nRegulation 3 provides that these Regulations apply to information which is, in the possession of a deposit-taker, or immediately available to it, and describes the account or, as the case may be, person, at the relevant time.\nRegulation 4 prescribes the categories of information that must be provided by a deposit-taker to HMRC on receipt of an information notice under paragraph 3 of the Schedule. Regulations 5 and 6 prescribe the information which must be provided by a deposit-taker to HMRC on receipt of a hold notice under paragraph 4 of the Schedule. In both cases the prescribed information includes “specified information” about persons with an interest in the relevant accounts and “account details” about relevant accounts; these concepts are defined in regulation 2.\nA Tax Information and Impact Note covering this instrument was published on 8th July 2015 and is available on the HMRC website at https://www.gov.uk/government/publications/direct-recovery-of-hm-revenue-and-customs-debts-from-debtors-bank-and-building-society-accounts. It remains an accurate summary of the impacts that apply to this instrument.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/1986/note",
    "retrieved_at": "2026-10-28T23:29:32.965797+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}