{
  "url": "https://openlegislation.uk/income-tax-interest-relief-qualifying-lenders-no-2-order-1988/note",
  "json_url": "https://openlegislation.uk/income-tax-interest-relief-qualifying-lenders-no-2-order-1988/note.json",
  "legislation": "uksi/1988/1962",
  "legislation_title": "The Income Tax (Interest Relief) (Qualifying Lenders) (No. 2) Order 1988",
  "legislation_url": "https://openlegislation.uk/income-tax-interest-relief-qualifying-lenders-no-2-order-1988",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nBy article 2, the bodies named in article 3 are prescribed as qualifying lenders so that interest on qualifying loans made by them may be paid to them under deduction of tax under the tax deduction scheme (introduced by the Finance Act 1982 (c. 39)) from the dates specified in the Order.\nBy article 4, the Income Tax (Interest Relief) (Qualifying Lenders) Order 1987 is amended by omitting from article 3 thereof“Mortgage Funding No. 2 Limited, Mortgage Funding No. 3 Limited, Mortgage Funding No. 4 Limited and Mortgage Funding No. 5 Limited”.\nPrevious Orders which are in force are S.I. 1983/1907, 1984/1945, 1985/1697, 1986/386, 1440 and 2191, 1987/1224 and 2127 and 1988/781.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1962/note",
    "retrieved_at": "2026-10-29T15:55:11.892839+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."
}