The Taxes (Interest Rate) (Amendment) Regulations 1998
These Regulations, made under powers contained in section 178 of the Finance Act 1989 (“section 178” and “the 1989 Act” respectively), make provision for the rate of interest applicable for certain purposes of sections 59C and 103A of the Taxes Management Act 1970 (“section 59C”, “section 103A” and “Management Act” respectively).