# The Income Tax (Stock Lending) (Amendment) Regulations 1993, Regulation 10: Amendments to the principal Regulations


In regulation 7—
(a) in paragraph (1)—
(i) for sub-paragraph (b) there shall be substituted—
“(b) that the person referred to as B in the principal section is an approved lender, and any person acting for B in connection with the arrangement as an agent or nominee is an approved agent or, as the case may be, an approved nominee;”;
(ii) sub-paragraph (d) shall be omitted;
(b) in paragraph (2)—
(i) for sub-paragraph (b) there shall be substituted—
“(b) that the person referred to as C in the principal section is an approved lender, and any person acting for C in connection with the arrangement as an agent or nominee is an approved agent or, as the case may be, an approved nominee;”;
(ii) sub-paragraph (d) shall be omitted;
(c) in paragraph (3) immediately before the definition of “approved borrower” there shall be inserted—
““approved agent” and “approved nominee” have the same meanings as in regulation 5;”.

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Source: https://www.legislation.gov.uk/uksi/1993/2003/regulation/10 (the official version)
Page: https://openlegislation.uk/income-tax-stock-lending-amendment-regulations-1993/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.