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Regulation 2 Amendment of regulation 1 of the principal Regulations

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In regulation 1(2) of the principal Regulations (interpretation) after the definition of “standard rate” there shall be inserted the following definition—

  • ““trading arrangements” in relation to any asset (including a voucher) shall be construed in accordance with section 203K(2)(a) and (3) of the Income and Corporation Taxes Act 1988f1 (trading arrangements);”.

Annotations

Footnotes

f1

1988 c. 1; section 203K was inserted by section 131 of the Finance Act 1994 (c. 9)