Regulation 4 Amendment of regulation 19B of the principal Regulations

In paragraph (5)(a) of regulation 19B of the principal Regulations (payments to directors which are to be disregarded)^f1, for the words “‘‘company'' is deemed to include a building society within the meaning of the Building Societies Act 1986” there shall be substituted the words “‘‘company'' has the meaning given by section 832(1) and (2) of the Income and Corporation Taxes Act 1988 (interpretation of the Tax Acts)”.