The Taxes (Amendments) (EU Exit) Regulations 2019

The Unauthorised Unit Trusts (Tax) Regulations 2013 U.K.

34.—(1) The Unauthorised Unit Trusts (Tax) Regulations 2013(1) are amended as follows.

(2) For regulation 23(3) substitute—

“(3) In this regulation “regulated market” means—

(a) a UK regulated market within the meaning given by Article 2.1(13A) of Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments,

(b) an EU regulated market within the meaning given by Article 2.1(13B) of that Regulation, and

(c) a regulated market within the meaning given by Article 2.1(13) of that Regulation which is authorised and functions regularly and in accordance with Part 3 of the Financial Services (Markets in Financial Instruments) Act 2018 of Gibraltar.”.

Commencement Information

I1 Reg. 34 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1

(1)

S.I. 2013/2819; relevant amending instrument is S.I. 2017/701.