The Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023

Amendment to the Taxation (International and Other Provisions) Act 2010

This section has no associated Explanatory Memorandum

13.  In section 259NEC(6) of the Taxation (International and Other Provisions) Act 2010(1) (release of debts), after “2009” insert “or the exercise of a third-country instrument or a stabilisation power under Schedule 11 to the Financial Services and Markets Act 2023”.

(1)

2010 c. 8. Section 259NEC was inserted by paragraph 5 of Schedule 7 to the Finance Act 2021 (c. 26).