Regulation 6 Income Tax Act 2007

(1)

The Income Tax Act 2007^f1 is amended as follows.

(2)

For section 274(4)(c)^f2 substitute—

“(c)
a Gibraltar regulated market within the meaning given by Article 26(11)(b)(i) of that Regulation.”.

(3)

In section 564G(2A)^f3, in the definition of “multilateral trading facility”—

(a)

for paragraph (c) substitute—

“(c)
a Gibraltar multilateral trading facility within the meaning given by Article 26(11)(b)(ii) of that Regulation.”;

(b)

omit the words from “and in paragraph (c)” to the end.

(4)

In section 987(2)(b)^f4—

(a)

for sub-paragraph (iii) substitute—

“(iii)
a Gibraltar multilateral trading facility within the meaning given by Article 26(11)(b)(ii) of that Regulation.”;

(b)

omit the words from “and in sub-paragraph (iii)” to the end.

Annotations

f1: 2007 c. 3.
f2: Section 274(4) was inserted by paragraph 2 of Schedule 2 to the Finance (No. 3) Act 2010 (c. 33) and amended by S.I. 2017/701 and S.I. 2019/689.
f3: Section 564G was inserted by paragraph 8 of Schedule 2 to the Taxation (International and Other Provisions) Act 2010 and relevantly amended by S.I. 2019/689.
f4: Section 987(2) was inserted by section 34 of the Finance Act 2018 (c. 3) and amended by S.I. 2019/689.