The Taxes and Duties (Interest Rate) (Amendment) Regulations 2009

Amendment of regulation 3A

This section has no associated Explanatory Memorandum

8.—(1) Amend regulation 3A(1) as follows.

(2) In paragraph (2) omit the words after “paragraph (3)” to the end.

(3) For paragraph (3) substitute—

(3) The formula specified in this paragraph is—

where RR is the reference rate referred to in paragraph (2)..

(1)

Regulation 3A was inserted by S.I. 1993/2212.