{
  "url": "https://openlegislation.uk/taxation-of-securitisation-companies-amendment-no2-regulations-2007/regulation-2",
  "json_url": "https://openlegislation.uk/taxation-of-securitisation-companies-amendment-no2-regulations-2007/regulation-2.json",
  "legislation": "uksi/2007/3401",
  "legislation_title": "The Taxation of Securitisation Companies (Amendment No.2) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/taxation-of-securitisation-companies-amendment-no2-regulations-2007",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendments to the Taxation of Securitisation Companies Regulations 2006",
  "text": "(1) The Taxation of Securitisation Companies Regulations 2006 are amended as follows.\n(2) In regulation 2 (interpretation) in paragraph (1) after the definition of “independent person” insert—\n““insurance special purpose vehicle” has the same meaning as in section 431(2) of ICTA;”.\n(3) In regulation 5 (meaning of “note-issuing company”) in paragraph (5)—\n(a) for “consists in one” substitute —\n“consists in—\n(a) one”;\n(b) renumber subparagraphs (a) and (b) as paragraphs (i) and (ii) of subparagraph (a) so created; and\n(c) at the end insert—\n“; or\n(b) being party to a creditor relationship with an insurance special purpose vehicle.”.\n(4) In regulation 7 (meaning of “intermediate borrowing company”) in paragraph (2)—\n(a) in sub-paragraph (c) omit “or”, and\n(b) at the end insert —\n“, or\n(e) an insurance special purpose vehicle.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2006/3296, amended by S.I. 2007/3339."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "These definitions were inserted by articles 2 and 4(1) and (2)(c) of S.I. 2006/3270."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/3401/regulation/2",
    "retrieved_at": "2026-10-29T03:40:18.455680+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."
}