(1) The Stamp Duty and Stamp Duty Reserve Tax (LCH.Clearnet Limited) Regulations 2011 [S.I. 2011/669.] 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 LCH.Clearnet
LCH.Clearnet 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 (
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