3 Amendments to the Principal Regulations
For regulation 5 of the Principal Regulations there shall besubstituted—

“5 Applicable rate of official rate of interest
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.
1988 c. 1; section 160 was amended by section 53(2)(b)and (c) and section 179(1) of the Finance Act 1989.”