SCHEDULES

SCHEDULE 46Government borrowing: alternative finance arrangements

Other legislation

12

1

Regulations may make modifications of any enactment.

2

Regulations may provide that available alternative finance arrangements are to be treated for the purposes of any enactment—

a

as an investment or security of a particular description, or

b

as an investment or security listed on a particular stock exchange.

3

In this paragraph—

  • “available alternative finance arrangements” means alternative finance arrangements of a kind that, under regulations, are available for raising money;

  • “enactment” means an enactment contained in an Act or other instrument;

  • “modifications” includes amendments, repeals and revocations.