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The Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1992

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Interpretation

2.  In these Regulations—

  • “directive societies” and “non-directive societies” shall be construed in accordance with the definitions of “directive society” and “non-directive society” respectively inserted in section 431(2) of the Taxes Act by regulation 5(2);

  • “the Taxes Act” means the Income and Corporation Taxes Act 1988.

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