Citation, commencement and interpretation
This section has no associated Explanatory Memorandum
1.—(1) These Regulations may be cited as the Sale and Repurchase of Securities (Modification of Schedule 13 to the Finance Act 2007) Regulations 2007, shall come into force on 1st October 2007, and shall have effect in relation to arrangements that come into force on or after that day.
(2) Paragraph 14(6) of Schedule 13 to the Finance Act 2007 applies for the purpose of determining the time at which an arrangement is in force.
(3) In these Regulations—
“non-standard repo case” shall be construed in accordance with paragraph 15(2) of Schedule 13;
“redemption arrangements” shall be construed in accordance with paragraph 15(6) of Schedule 13;
“Schedule 13” means Schedule 13 to the Finance Act 2007.