keep The Finance Act 2015 (Paragraphs 10 to 12 of Schedule 6) Regulations 2015
These Regulations (SI 2015/xxx) bring into force specific provisions of Schedule 6 to the Finance Act 2015. Paragraph 10 concerns shares issued on or after 30 November 2015, paragraph 11 concerns relevant holdings issued on or after that date, and paragraph 12 comes into force on that same date. The regulation is purely an operative date-setting instrument with no substantive provisions of its own.
This regulation imposes no regulatory burden — it merely establishes when provisions of the Finance Act 2015 take effect. Deleting it would create uncertainty about the operative dates of the underlying tax provisions without removing any substantive regulation. The actual regulatory content resides in Schedule 6 itself, which is beyond the scope of this SI. As a procedural timing mechanism only, keeping this regulation provides clarity and legal certainty.