http://www.legislation.gov.uk/uksi/2014/1327/regulation/1/made

The Government Alternative Finance Arrangements Regulations 2014

en

King's Printer of Acts of Parliament

2015-07-03

NATIONAL DEBT

These Regulations enable the Treasury to raise money through alternative finance arrangements, as defined in section 157(8) of the Finance Act 2008 (c. 9). Alternative finance arrangements are arrangements which, in the Treasury’s opinion, equate in substance to a transaction of a kind that generally involves the payment of interest, but achieve a similar effect without including provision for the payment of interest.