Regulation 2 Interpretation

In these Regulations unless the context otherwise requires —

• “the Board” means the Commissioners of Inland Revenue;

• “scheme administrator” means the administrator of a scheme;

• “scheme member” means a member of a scheme;

• “section” means a section of the Finance Act 1970;

• “tax month” means a period beginning on the 6th day of any month and ending on the 5th day of the following month;

• “the Schedule” means Part II of Schedule 5 to the Finance Act 1970;

• “year of assessment” means a year beginning with 6th April in any year and ending with 5th April in the following year.

The Table below indexes other definitions in these Regulations —