Schedule 11: Central counterparties Part 5 – Special resolution action Tax
Paragraph 105 enables HM Treasury to make regulations including provision in relation to tax in connection with the fiscal consequences of the exercise of a stabilisation power.
	Sub-paragraph (2) sets out the taxes in relation to which provision may be made.
	Sub-paragraphs (3) and (4) set out what the regulations may apply to, and the effects which the regulations may have.
	Sub-paragraph (5) outlines that HM Treasury may make provision for the fiscal consequences of a stabilisation power in respect of things done three months before the exercising of the stabilisation powers, or on or after that date.
	Sub-paragraph (6) defines ‘stabilisation power’ under the section in relation to a number of other paragraphs.
	Sub-paragraph (7) allows HM Treasury to change the taxes listed in sub-paragraph (2) by regulations.