Paragraph 12 Income Tax Act 2007

In section 886 of the Income Tax Act 2007 M1 (interest paid by recognised clearing houses etc.)—

(a)

in subsection (1)—

(i)

in paragraph (a) after “clearing service” insert “ or as a central securities depository ”;

(ii)

in paragraph (b) after “service” insert “ or central securities depository ”;

(b)

in subsection (2) after “clearing service” insert “ or as a central securities depository ”;

(c)

in subsection (3) after paragraph (d) of the definition of “relevant entity” insert—

“(e)
a recognised CSD;
(f)
an EEA CSD;
(g)
a third country CSD.”.

Annotations

M1: 2007 c.3; section 886 was amended by paragraph 24 of Schedule 14 to the Finance Act 2007 (c.11) and S.I. 2013/504.