The Income Tax (Stock Lending) (Amendment No. 2) Regulations 1995
These Regulations amend the Income Tax (Stock Lending) Regulations 1989 (S.I. 1989/1299) (“the principal Regulations”) which provide that transfers under stock lending arrangements falling within section 129 of the Income and Corporation Taxes Act 1988 (“section 129”) shall be disregarded for tax purposes if certain conditions set out in the Regulations are fulfilled.