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Version date: 1 April 2013 - onwards
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Regulation 42 Amendments to the Stamp Duty and Stamp Duty Reserve Tax (Eurex Clearing AG) Regulations 2011

(1) The Stamp Duty and Stamp Duty Reserve Tax (Eurex Clearing AG) Regulations 2011 [S.I. 2011/666.] are amended as follows.

(2) In regulation 2 -

(a) at the appropriate place insert -

""clearing member client contract" has the same meaning as in section 155 of the Companies Act 1989;

"default rules" and "defaulting" have the same meaning as in section 188 of the Companies Act 1989;

"EEA central counterparty" and "third country central counterparty" have the same meaning as in section 285 of the Financial Services and Markets Act 2000;";

(b) in the definition of "nominee" after "prescribed recognised clearing house," insert "prescribed EEA central counterparty or prescribed third country central counterparty".

(3) For regulation 3 substitute -

"3. Prescription of Eurex

Eurex is prescribed for the purposes of sections 116 and 117 of the Finance Act 1991.".

(4) In regulation 4 -

(a) in paragraph (1) after "prescribed by" insert "paragraph (1A) or";

(b) after paragraph (1) insert -

"(1A) T

Comparing proposed amendment...