The Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) (Amendment) Regulations 2007

• Citation: S.I. 2007/12
• Sections: 3

Section 1 Citation and commencement

These Regulations may be cited as the Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) (Amendment) Regulations 2007 and shall come into force on 1st February 2007.

Section 2 Amendment of the Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) Regulations 1999

(1) The Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities) Regulations 1999 are amended as follows.

(2) In regulation 2—

(a) the definition of “collective investment scheme” ; and

(b) paragraph (c) of the definition of “foreign securities” ;

are revoked.

Section 3 Consequential revocation

Article 186 of the Financial Services and Markets Act 2000 (Consequential Amendments) (Tax) Order 2001 (which is spent in consequence of regulation 2(2)(a)) is revoked.