The Government Alternative Finance Arrangements Regulations 2014
These Regulations enable the Treasury to raise money through alternative finance arrangements, as defined in section 157(8) of the Finance Act 2008 (c. 9). Alternative finance arrangements are arrangements which, in the Treasury’s opinion, equate in substance to a transaction of a kind that generally involves the payment of interest, but achieve a similar effect without including provision for the payment of interest.
Lifecycle
Department
Made
22 May 2014
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In force
16 Jun 2014
Enabling power
The Treasury, in exercise of the powers conferred by section 157 of, and paragraphs 3, 5, 6, 7, 9, 10, 11 and 12 of Schedule 46 to, the Finance Act 2008, make the following Regulations:
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