The Income Tax (Interest Relief) (Qualifying Lenders) (No. 2) Order 1991

• Citation: S.I. 1991/2604
• Sections: 6

Section 1

This Order may be cited as the Income Tax (Interest Relief) (Qualifying Lenders) (No. 2) Order 1991.

Section 2

The bodies named in article 3 below are prescribed for the purposes of section 376 of the Income and Corporation Taxes Act 1988 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 makng 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 1992, 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 Services Limited

Barshelfco (No. 39) Limited

Barshelfco (No. 40) Limited

Barshelfco (No. 41) Limited

Bavarian Mortgages No. 1 PLC

Bavarian Mortgages No. 2 PLC

Bavarian Mortgages No. 3 PLC

Bavarian Mortgages No. 4 PLC

Bavarian Mortgages No. 5 PLC

Bavarian Mortgages No. 6 PLC

Bayerische Hypotheken-und Wechsel-Bank A. G.

Birmingham Mortgage Company Limited

Capital Finance Company Limited

Capital Motivation Limited

Capital World Travel Limited

Chadcroft Limited

Chelsea Mortgage Services Limited

Cheshire Mortgage Corporation Limited

Crédit Lyonnais

Collateralised Mortgage Securities (No. 15) PLC

Collateralised Mortgage Securities (No. 16) PLC

Collateralised Mortgage Securities (No. 17) PLC

Collateralised Mortgage Securities (No. 18) PLC

Derbyshire Home Loans Limited

Derbyshire Mortgages Limited

Diamond Mortgage Funding Limited

Goode Durrant Bank PLC

HMC Financing 9 Limited

HMC Financing 10 Limited

HMC Financing 11 Limited

Household Mortgage Personal Finance Ltd

Medway Housing Society Limited

Newcastle Mortgage Corporation Limited

NHL Seventeeth Funding Limited

NHL Twentieth Funding Limited

Personal Receivables Loan Securitisation (No. 2) Limited

Personal Receivables Loan Securitisation (No. 3) Limited

Personal Receivables Loan Securitisation (No. 4) Limited

Personal Receivables Loan Securitisation (No. 5) Limited

PS 9 Limited

Stars 3 PLC

Stars 4 PLC

Stars 5 PLC

Stars 6 PLC

St. Johns Priory Parks Limited

Section 4

Article 4 of the Income Tax (Interest Relief) (Qualifying Lenders) Order 1985 shall be amended by omitting the words—

Crown Home Finance Limited

Section 5

Article 3 of the Income Tax (Interest Relief) (Qualifying Lenders) (No. 3) Order 1986 shall be amended by omitting the words—

Byggeriets Realkreditfond

Section 6

Article 3 of the Income Tax (Interest Relief) (Qualifying Lenders) Order 1988 shall be amended by omitting the words—

NM Home Loans No. 2 Limited