The Income Tax (Interest Relief) (Qualifying Lenders) Order 1987

• Citation: S.I. 1987/1224
• Sections: 4

Section 1

This Order may be cited as the Income Tax (Interest Relief) (Qualifying Lenders) Order 1987.

Section 2

The bodies named in article 3 below are prescribed for the purposes of Part IV of Schedule 7 to the Finance Act 1982 and shall become qualifying lenders with effect from the dates and in respect of the loans specified in the following paragraphs—

(a) with effect from the thirtieth day after the making of this Order, in relation to new loans (that is loans which are made on or after that day);

(b) with effect from the making of this Order, in relation to transferred loans (that is loans transferred from another qualifying lender on or after the making of this Order the interest on which is at the time of transfer relevant loan interest payable by a qualifying borrower);

(c) with effect from the 6th April 1988, in relation to other loans made by the body concerned before the thirtieth day after the making of this Order.

Section 3

The following are the bodies referred to in article 2 above —

Abbey Life Funding Limited

Abbey Life Mortgage Securities Limited

Aitken Hume Limited

Algemene Bank Nederland N.V.

Amsterdam — Rotterdam Bank N.V.

Anglo Caledonian Mortgages No. 1 Limited

Anglo Caledonian Mortgages No. 2 Limited

Anglo Caledonian Mortgages No. 3 Limited

Anglo Caledonian Mortgages No. 4 Limited

Anglo Caledonian Mortgages No. 5 Limited

Anglo Caledonian Mortgages No. 6 Limited

Banco Di Napoli

Bank of Tokyo International Limited

BIM Securities No. 1 Limited

BIM Securities No. 2 Limited

BIM Securities No. 3 Limited

BIM Securities No. 4 Limited

BIM Securities No. 5 Limited

Comfort Finance Limited

Credit Agricole Mortgage Company No. 1 Limited

Credit Agricole Mortgage Company No. 2 Limited

Credit Agricole Mortgage Company No. 3 Limited

Creditanstalt — Bankverein

Credit Suisse

Daiwa Europe Finance p.l.c.

Department of Agriculture & Fisheries for Scotland

Dresdner Bank Aktiengesellschaft

Dualrate p.l.c.

Firstcontrol p.l.c.

First Mortgage Securities (No. 1) p.l.c.

First Mortgage Securities (No. 2) Limited

First Mortgage Securities (No. 3) Limited

First Mortgage Securities (No. 4) Limited

First Mortgage Securities (No. 5) Limited

First Mortgage Securities (No. 6) Limited

First Mortgage Securities (No. 7) Limited

First Mortgage Securities (No. 8) Limited

First Mortgage Securities (No. 9) Limited

First Mortgage Securities (No. 10) Limited

Furnable Limited

Gainbudget p.l.c.

Hill Samuel Finance (No. 8) Limited

Hill Samuel Finance (No. 9) Limited

Hill Samuel Finance (No. 18) Limited

Issuebudget p.l.c.

Localmerge p.l.c.

Marketbudget p.l.c.

Maxiannual Limited

Megson Properties Limited

Mortgage Funding No. 2 Limited

Mortgage Funding No. 3 Limited

Mortgage Funding No. 4 Limited

Mortgage Funding No.5 Limited

Mortgage Holdings (Berkley) Limited

Mortgage Holdings (Grosvenor) Limited

Mortgage Holdings (Kensington) Limited

Mortgage Holdings (Mayfair) Limited

Mortgage Holdings (Richmond) Limited

Mortgage Holdings (Westminster) Limited

NM Home Loans Limited

Providence Capitol Mortgage Services Limited

Regency Funding Limited

Reliance Trust Limited

Residential Mortgage Corporation Limited

Saudi American Bank

SPI (1987) Limited

Standard Chartered Mortgage Finance Limited

Thanemarsh Limited

The Bank of Nova Scotia

The National Bank of Dubai Limited

The Royal Bank of Canada

Tiddington Finance Limited

Tintwatch Limited

Trushelfco (No. 1027) Limited

Trushelfco (No. 1061) Limited

Venueshot Limited

Section 4

Article 3 of the Income Tax (Interest Relief) (Qualifying Lenders) Order 1986 shall be amended by omitting the words “ UK Provident Mortgage Services Limited”.