Amendment of regulation 2 (interpretation)
This section has no associated Explanatory Memorandum
3. In regulation 2 (interpretation), after paragraph (3) insert—
“(3A) For the purposes of these Regulations, a liability representing a loan relationship or a derivative contract is treated as matched with shares, ships or aircraft from the date that, and to the extent that, either condition 1 or 2 of regulation 3(3) or 4(3) are satisfied.”.