http://www.legislation.gov.uk/uksi/1995/3239/contents/made

The Tax-exempt Special Savings Account (Relevant European Institutions) Regulations 1995

Business practice and regulation

King's Printer of Acts of Parliament

2016-04-26

INCOME TAX

These Regulations, which come into force on 2nd January 1996, provide that European authorised institutions within the meaning of the Banking Co-ordination (Second Council Directive) Regulations 1992 (S.I. 1992/3218, amended by S.I. 1993/3225 and 1995/1217), which may accept deposits in the United Kingdom in accordance with those Regulations (“relevant European institutions”) and which operate tax-exempt special savings accounts, must appoint tax representatives for the purpose of discharging the duties of the institution under the Tax-exempt Special Savings Account Regulations 1990 (“the principal Regulations”) or make other arrangements with the Commissioners of Inland Revenue for the discharge of those duties. They also amend the principal Regulations so as to add relevant European institutions to the societies and institutions which may operate accounts and make further amendments which are consequential on that addition.