# The Inheritance Tax (Market Makers and Discount Houses) Regulations 2012, Regulation 5


In section 234 (interest on instalments), for subsection (3)(c) substitute—
“(c) any company—
(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
(ii) which is of a description set out in regulations under section 107(5) of the Finance Act 1986.”.

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Source: https://www.legislation.gov.uk/uksi/2012/2903/regulation/5 (the official version)
Page: https://openlegislation.uk/inheritance-tax-market-makers-and-discount-houses-regulations-2012/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.