# Finance Act 2019, Paragraph 14


(1) This paragraph applies to a transitional qualifying instrument which qualified as a regulatory capital security as a result of falling within regulation 2(1)(c) or (d) of the Taxation of Regulatory Capital Securities Regulations 2013.
(2) The revocations made by paragraph 1 do not affect the application of regulation 3(2)(c)(i) of those Regulations in a case where the writing down or conversion concerned took place before 1 July 2019.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/20/paragraph/14 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-20/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.