{
  "url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1995/regulation-4",
  "json_url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1995/regulation-4.json",
  "legislation": "uksi/1995/1212",
  "legislation_title": "The Income Tax (Interest Relief) (Housing Associations) (Amendment) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/income-tax-interest-relief-housing-associations-amendment-regulations-1995",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Amendments to the principal Regulations",
  "text": "For regulation 4 there shall be substituted the following regulation—\n“4 Section 369 shall have effect as if for subsection (1) there were substituted the following subsection—\n“(1) If a housing association makes a payment of relevant loan interest to which this section applies, it shall be entitled, on making the payment, to deduct and retain out of it a sum equal to the applicable percentage thereof; and accordingly sections 337(3) (companies beginning or ceasing to carry on a trade), 338 (allowance of charges on income and capital) and 486(2) and (3) (interest paid by registered industrial and provident societies) shall not apply to that payment of relevant loan interest.”.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 369 of the Income and Corporation Taxes Act 1988 was amended by section 58(1) of the Finance Act 1993 (c. 34) and by section 81(3) and (4) of the Finance Act 1994 (c. 9)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/1212/regulation/4",
    "retrieved_at": "2026-10-29T13:10:07.388652+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."
}