# Finance (No. 2) Act 2023, Paragraph 8: Securitisation companies unable to be QAHCs

Extent: E+W+S+N.I.

(1) In paragraph 2(1) (conditions for being a QAHC), in paragraph (e) for “not” substitute “neither a securitisation company nor”.
(2) In paragraph 58(1) (interpretation), at the appropriate place insert—
““securitisation company” means a company whose profits are brought into account, for corporation tax purposes, in accordance with regulation 14 of the Taxation of Securitisation Companies Regulations 2006 (S.I. 2006/3296);”.
(3) The amendments made by this paragraph are treated as having come into force on 15 March 2023.
(4) Those amendments are not to have effect in relation to a securitisation company that was a QAHC immediately before that date for so long as it continuously remains a QAHC.

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Source: https://www.legislation.gov.uk/ukpga/2023/30/schedule/4/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/schedule-4/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.