{
  "url": "https://openlegislation.uk/friendly-societies-provisional-repayments-for-exempt-business-regulations-1993/regulation-2",
  "json_url": "https://openlegislation.uk/friendly-societies-provisional-repayments-for-exempt-business-regulations-1993/regulation-2.json",
  "legislation": "uksi/1993/3112",
  "legislation_title": "The Friendly Societies (Provisional Repayments for Exempt Business) Regulations 1993",
  "legislation_url": "https://openlegislation.uk/friendly-societies-provisional-repayments-for-exempt-business-regulations-1993",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations unless the context otherwise requires—\n“directive society” and “non-directive society” have the same meanings as in the Friendly Societies (Modifications of the Corporation Tax Acts) Regulations 1992;\n“exempt business” means any business of a friendly society the profits arising from which are exempt from income tax and corporation tax under section 460(1), 461(1) or 461B(1) of the Taxes Act, not being a business carried on by a friendly society all of whose profits are so exempt;\n“Schedule 19AB” means Schedule 19AB to the Taxes Act;\n“the Taxes Act” means the Income and Corporation Taxes Act 1988.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1992/1655, amended by S.I. 1993/3111."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 460(1) was amended by paragraph 5 of Schedule 9 to the Finance (No. 2) Act 1992 (c. 48)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 461B was inserted by paragraph 7 of Schedule 9 to the Finance (No. 2) Act 1992."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Schedule 19AB was inserted by Schedule 8 to the Finance Act 1991 (c. 31), and amended by section 103(2)(h) of, and Part III(9) of Schedule 23 to, the Finance Act 1993."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "1988 c. 1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/3112/regulation/2",
    "retrieved_at": "2026-10-29T13:44:52.010531+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."
}