Preliminary

3 Scope of these Regulations
1 These Regulations make provision as to the application of the Corporation Tax Acts in relation to a securitisation company.
2 The Regulations deal with the following matters—
(a) they define “securitisation company” and related expressions (see regulations 4 to 10);
(b) they specify securitisation companies to which specified regulations do not apply (see regulations 11 to 12);
(c) they specify companies to which these Regulations do not apply (see regulation 13);
(d) they make provision as to profit of a securitisation company to be brought into account for an accounting period for corporation tax purposes (see regulation 14);
(e) they make supplementary provision (see regulations 15 to 21).