# The Taxes (Amendments) (EU Exit) Regulations 2019, Regulation 13: Income Tax (Trading and Other Income) Act 2005

Extent: E+W+S+N.I.

(1) The Income Tax (Trading and Other Income) Act 2005 is amended as follows.
(2) In section 326(7) omit “other than the United Kingdom”.
(3) For section 381E(3) substitute—
“(3) In subsection (2) “regulated market” means—
(a) a UK regulated market within the meaning given by Article 2.1(13A) of Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments,
(b) an EU regulated market within the meaning given by Article 2.1(13B) of that Regulation, and
(c) a regulated market within the meaning given by Article 2.1(13) of that Regulation which is authorised and functions regularly and in accordance with Part 3 of the Financial Services (Markets in Financial Instruments) Act 2018 of Gibraltar.”.
(4) In section 697(2) omit paragraphs (a) and (b).
(5) In section 704—
(a) in subsection (3)—
(i) at the end of paragraph (a) insert “or”;
(ii) omit “, or” at the end of paragraph (b);
(iii) omit paragraph (c);
(b) omit subsection (6).

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Source: https://www.legislation.gov.uk/uksi/2019/689/regulation/13 (the official version)
Page: https://openlegislation.uk/taxes-amendments-eu-exit-regulations-2019/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.