# The Taxes (Amendments) (EU Exit) Regulations 2019, Regulation 20: Finance Act 2011

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

(1) Part 5 of the Finance Act 2011 (bank levy) is amended by paragraph (2) and Part 7 of that Act (data-gathering) is amended by paragraph (3).
(2) In Schedule 19—
(a) in paragraph 13(4) for the definition of “dealing on own account” substitute —
“dealing on own account” has the same meaning as in Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2.1(5));”;
(b) in paragraph 31(4) before paragraph (a) insert—
“(za) they are debt securities issued by the Bank of England, Her Majesty’s Government in the United Kingdom, or the government of Gibraltar,”;
(c) in paragraph 67A(4) for “and” substitute “to”.
(3) In Schedule 23—
(a) in paragraph 13D(3)—
(i) omit “, or” at the end of paragraph (a);
(ii) omit paragraph (b);
(b) in paragraph 45(4)(a) omit “, other than the United Kingdom,”.

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Source: https://www.legislation.gov.uk/uksi/2019/689/regulation/20 (the official version)
Page: https://openlegislation.uk/taxes-amendments-eu-exit-regulations-2019/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

