Regulation 4 Amendment of the Stamp Duty Reserve Tax (virt-x Exchange Limited) Regulations 1995

(1)

Amend regulation 4 as follows.

(2)

In paragraph (2)(a)—

(a)

in paragraph (iii)—

(i)

for “The London Clearing House Limited” substitute “a relevant clearing service”;

(ii)

for “that clearing house” substitute “a relevant clearing service”.

(b)

in paragraph (iv)—

(i)

for “The London Clearing House Limited” (in the first place it appears) substitute “a relevant clearing service”;

(ii)

for “that clearing house” (in the first place it appears) substitute “a relevant clearing service”;

(iii)

for “The London Clearing House Limited” (in the second place it appears) substitute “the relevant clearing service”;

(iv)

for “that clearing house” (in the second place it appears) substitute “the relevant clearing service”;

(c)

in paragraph (v)—

(i)

for “The London Clearing House Limited” substitute “a relevant clearing service”;

(ii)

for “that clearing house” substitute “a relevant clearing service”.

(3)

In paragraph (3)(b)—

(a)

for “The London Clearing House Limited” substitute “a relevant clearing service”;

(b)

for “that clearing house” substitute “a relevant clearing service”.