Regulation 1 Citation, commencement and effect

(1)

These Regulations may be cited as the Income Tax (Interest Relief) (Amendment) Regulations 1995 and shall come into force on 4th May 1995.

(2)

The amendments to the principal Regulations made by regulations 4 and 5 of these Regulations shall have effect with respect to—

(a)

deductions by qualifying borrowers as mentioned in section 369(1) of the Income and Corporation Taxes Act 1988^f1, and

(b)

payments by the Board pursuant to section 375(8) of that Act and regulation 8A of the principal Regulations,

made on or after the date of coming into force of these Regulations.

Annotations

f1: Section 369(1) was amended by section 81(3) of the Finance Act 1994 (c. 9).