Regulation 3 Amendments to the principal Regulations
In regulation 2—
(a)
after the definition of “approved manufactured payment” there shall be inserted the following definition —
““gilt-edged securities” has the meaning given by section 51A(7) of the Taxes Actf1;”;
(b)
for the definition of “unapproved manufactured payment” there shall be substituted the following definition —
““unapproved manufactured payment” in relation to manufactured interest has the meaning given by paragraph 1(1) of Schedule 23A (as amended by regulation 2A);”.
Annotations
Footnotes
- f1
-
Section 51A was inserted by section 77 of the Finance Act 1995 (c. 4).