{
  "url": "https://openlegislation.uk/inheritance-tax-market-makers-and-discount-houses-regulations-2012/regulation-5",
  "json_url": "https://openlegislation.uk/inheritance-tax-market-makers-and-discount-houses-regulations-2012/regulation-5.json",
  "legislation": "uksi/2012/2903",
  "legislation_title": "The Inheritance Tax (Market Makers and Discount Houses) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/inheritance-tax-market-makers-and-discount-houses-regulations-2012",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": null,
  "text": "In section 234 (interest on instalments), for subsection (3)(c) substitute—\n“(c) any company—\n(i) whose business is wholly that of a market maker or is that of a discount house and (in either case) is carried on in the United Kingdom, or\n(ii) which is of a description set out in regulations under section 107(5) of the Finance Act 1986.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/2903/regulation/5",
    "retrieved_at": "2026-10-29T01:12:52.403800+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."
}