# The Income Tax (Building Societies) (Audit Powers) Regulations 1992, Regulation 2: Interpretation


In these Regulations unless the context otherwise requires—
“agreement” means agreement in writing and “agree” shall be construed accordingly;
“audit report” means a report make by an auditor in respect of an audit carried out pursuant to these Regulations;
“auditor” means an individual or firm whose name appears in the register of auditors kept pursuant to the Companies Act 1989 (Register of Auditors and Information about Audit Firms) Regulations 1991;
“the Board” means the Commissioners of Inland Revenue;
“the Building Societies Regulations” means the Income Tax (Building Societies) (Dividends and Interest) Regulations 1990;
“deposit-taker” has the meaning given by section 481(2) of the Income and Corporation Taxes Act 1988;
“dividend” means any distribution in respect of an investment, including any qualifying distribution as defined for the purposes of the Corporation Tax Acts and whether described as a dividend or otherwise;
“excluded investment” has the meaning given by regulation 5;
“gross payment” means a payment made without deduction of tax by a building society of a dividend or interest in respect of an investment which at the time of payment falls within any of the descriptions in sub-paragraphs (a) to (l), (o) and (p) of regulation 4(1) of the Building Societies Regulations;
“investment” includes any shareholding, deposit or loan;
“notice” means notice in writing;
“payment” (except in relation to a payment to the Board) includes “credit” and “paid” shall be construed accordingly;
“Special Reports booklet” means the booklet entitled “Special Reports of Accountants” published by the Auditing Practices Committee of the Consultative Committee of Accountancy Bodies in 1984.

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Source: https://www.legislation.gov.uk/uksi/1992/10/regulation/2 (the official version)
Page: https://openlegislation.uk/income-tax-building-societies-audit-powers-regulations-1992/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.