# The Income Tax (Sub-Contractors in the Construction Industry) (Amendment) Regulations 1990, Regulation 4: Amendments to the Principal Regulations coming into orce on 7th February 1990


In Regulation 12A in paragraph (4) for the words “any such increase” onwards there shall be substituted the words—
“and, where that rate changes on an operative date within the meaning of the Taxes (Interest Rate) Regulations 1989 by virtue of those Regulations, the change shall have effect for periods beginning on or after the operative date in relation to interest running from before that date as well as from or from after that date.”

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Source: https://www.legislation.gov.uk/uksi/1990/61/regulation/4 (the official version)
Page: https://openlegislation.uk/income-tax-sub-contractors-in-the-construction-industry-amendment-regulations-1990/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.