{
  "url": "https://openlegislation.uk/unit-trust-schemes-and-offshore-funds-non-qualifying-investments-test-order-2006/article-3",
  "json_url": "https://openlegislation.uk/unit-trust-schemes-and-offshore-funds-non-qualifying-investments-test-order-2006/article-3.json",
  "legislation": "uksi/2006/981",
  "legislation_title": "The Unit Trust Schemes and Offshore Funds (Non-qualifying Investments Test) Order 2006",
  "legislation_url": "https://openlegislation.uk/unit-trust-schemes-and-offshore-funds-non-qualifying-investments-test-order-2006",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Amendments to paragraph 8 of Schedule 10 to the Finance Act 1996",
  "text": "In sub-paragraph (2) for paragraphs (e) and (f) substitute—\n“(e) derivative contracts whose underlying subject matter consists wholly of any one or more of the following—\n(i) the matters referred to in paragraphs (a) to (d) above, and\n(ii) currency;\n(f) contracts for differences whose underlying subject matter consists wholly of any one or more of the following—\n(i) interest rates,\n(ii) creditworthiness, and\n(ii) currency;\n(g) derivative contracts not within paragraph (e) or (f) where there is a hedging relationship between the derivative contract and an asset within paragraphs (a) to (d) above;\n(h) alternative finance arrangements.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "In sub-paragraph (2) of paragraph 8 of Schedule 10, paragraphs (e) and (f) were inserted by paragraph 20(2) of Schedule 27 to the Finance Act 2002."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/981/article/3",
    "retrieved_at": "2026-10-29T04:30:53.988777+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."
}