[F1774FSections 774B and 774D: power to provide further exceptionsU.K.
(1)The Treasury may make regulations prescribing other circumstances in which section 774B or 774D is not to apply in relation to a structured finance arrangement.
(2)Any regulations under subsection (1) may make provision amending section 774E.
(3)The power to make regulations under subsection (1) includes—
(a)power to make provision having effect in relation to times before the making of the regulations (but not times earlier than 6th June 2006),
(b)power to make different provision for different cases or different purposes, and
(c)power to make incidental, supplemental, consequential or transitional provision and savings.]
Textual Amendments
F1Ss. 774A-774G and preceding cross-heading inserted (with effect in accordance with Sch. 6 para. 6(2)-(7) of the amending Act) by Finance Act 2006 (c. 25), Sch. 6 para. 6(1)