
1 
This Order may be cited as the Income Tax (Interest Relief) (Qualifying Lenders) Order 1988.
2 
The bodies named in article 3 below are prescribed for the purposes of section 376 of the Income and Corporation Taxes Act 1988 and shall become qualifying lenders with effect from the dates and in respect of the loans specified in the following paragraphs—
(a) with effect from the thirtieth day after the making of this Order, in relation to new loans (that is loans which are made on or after that day);
(b) with effect from the making of this Order, in relation to transferred loans (that is loans transferred from another qualifying lender on or after the making of this Order the interest on which is at the time of transfer relevant loan interest payable by a qualifying borrower);
(c) with effect from the 6th April 1989, in relation to other loans made by the body concerned before the thirtieth day after the making of this Order.
3 
The following are the bodies referred to in article 2 above—
 Antony Gibbs & Sons Limited
 Banque Indosuez S.A.
 Banque Paribas
 CHM Funding Limited
 Choice Personal Finance Limited
 Citibank Leasing Limited
 Commercial Union Home Loans Limited
 Commercial Union Mortgage Corporation Limited
 Credit Commercial de France
 Economic Home Loans Limited
 Equity & Law Home Loans Limited
 Exclusive Finance (1) Limited
 Exclusive Finance (2) Limited
 Exclusive Finance (3) Limited
 Exclusive Finance (4) Limited
 Exclusive Finance (5) Limited
 FFM Limited
 HMC Mortgage Notes 16 Limited
 HMC Mortgage Notes 17 Limited
 HMC Mortgage Notes 18 Limited
 HMC Mortgage Notes 19 Limited
 HMC Mortgage Notes 20 Limited
 Home Mortgage Finance Limited
 Legal & General Mortgage Services Limited
 Marine Midland Capital Markets Limited
 Mortgage Express Limited
 MTL Funding (Berkley) Limited
 MTL Funding (Grosvenor) Limited
 MTL Funding (Kensington) Limited
 MTL Funding (Mayfair) Limited
 MTL Funding (Richmond) Limited
 MTL Funding (Westminster) Limited
 National Bank of Canada
 NHL Seventh Funding Limited
 NHL Eighth Funding Limited
 NHL Ninth Funding Limited
 NHL Tenth Funding Limited
 NHL Eleventh Funding Limited
 NM Home Loans No. 2 Limited
 NM Home Loans No. 3 Limited
 NM Home Loans No. 4 Limited
 NM Home Loans No. 5 Limited
 Paribas Gold Mortgages Limited
 Paribas Home Funding Limited
 Paribas Home Loans Limited
 Paribas Lombard Mortgages Limited
 Paribas Mortgage Funding Limited
 Paribas Mortgage Loans Limited
 Paribas Platinum Mortgages Limited
 Paribas Silver Mortgages Limited
 Royal London Homebuy Limited
 TAF Mortgage Administration Limited
 TAF Mortgage Funding Limited
 TAF Mortgage Systems Limited
 Top-Up Mortgage Services Limited
 The Nippon Credit Bank Limited
 TMC Mortgage Securities No. 11 p.l.c.
 TMC Mortgage Securities No. 12 p.l.c.
 TMC Mortgage Securities No. 13 p.l.c.
 TMC Mortgage Securities No. 14 p.l.c.
 TMC Mortgage Securities No. 15 p.l.c.
4 
Article 3 of the Income Tax (Interest Relief) (Qualifying Lenders) Order 1987 shall be amended by omitting the words—“
 Mortgage Holdings (Berkley) Limited
 Mortgage Holdings (Grosvenor) Limited
 Mortgage Holdings (Kensington) Limited
 Mortgage Holdings (Mayfair) Limited
 Mortgage Holdings (Richmond) Limited
 Mortgage Holdings (Westminster) Limited”.
Michael Neubert
Tony Durant
Two of The Lords Commissioners of Her Majesty’s Treasury
26th April 1988