{
  "url": "https://openlegislation.uk/stamp-duty-reserve-tax-uk-depositary-interest-in-foreign-securities-amendment-regulations-2007/note",
  "json_url": "https://openlegislation.uk/stamp-duty-reserve-tax-uk-depositary-interest-in-foreign-securities-amendment-regulations-2007/note.json",
  "legislation": "uksi/2007/12",
  "legislation_title": "The Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) (Amendment) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/stamp-duty-reserve-tax-uk-depositary-interest-in-foreign-securities-amendment-regulations-2007",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) Regulations 1999 (S.I. 1999 2383) in order to permit units or shares in collective investment schemes to be foreign securities to which the Regulations apply.\nRegulation 1 provides for the citation and commencement of these Regulations.\nRegulation 2 amends regulation 2 of the 1999 Regulations by revoking paragraph (c) of the definition of “foreign securities”. That paragraph precludes units or shares in collective investment schemes from being such securities for the purposes of the Regulations. Regulation 2 also revokes the definition of “collective investment scheme” which becomes otiose in consequence of the revocation of paragraph (c) of that definition.\nRegulation 3 makes a revocation (of article 186 of the Financial Services and Markets Act 2000 (Consequential Amendments) (Taxes) Order 2001 (S.I. 2001/3629) which is a necessary incidental of the revocation of the definition of “collective investment scheme” by regulation 2.\nThese Regulations do not impose new costs on business",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/12/note",
    "retrieved_at": "2026-10-29T04:08:25.836393+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."
}