
1 
These Regulations may be cited as the Taxes (Interest Rate)(Amendment) Regulations 1991 and shall come into force on 6th April1991.
2 
In these Regulations“the Principal Regulations” means the Taxes (Interest Rate) Regulations 1989.
3 
For regulation 5 of the Principal Regulations there shall besubstituted—“
5 
For the purpose of section 160 of the Income and Corporation TaxesAct 1988 the rate applicable under section 178 shall, on andafter 6th April 1991, be 13.5 per cent. per annum.”
4 
In regulation 6 of the Principal Regulations for“3(1), 4(1) or 5(1)” there shall be substituted“3(1) or 4(1)”.
Norman Lamont
Thomas Sackville
Two of the Lords Commissioners of Her Majesty’s Treasury
4th April 1991