Section 1104 Company distributing dividend or interest: duty to provide tax certificatesC1

(1)

This section applies if a distribution consisting of any dividend or interest is made by a company which is—

(a)

a company as defined in section 1(1) of the Companies Act 2006, or

(b)

a company created by letters patent or by or in pursuance of an Act.

(2)

If the company makes a payment of dividend or interest into a bank or building society account held by any person the company must, within a reasonable period, send a tax certificate (see section 1106) to either—

(a)

the bank or building society, or

(b)

the person holding the account.

(3)

If the company makes a payment of dividend or interest to a person without paying it into a bank or building society account, the company must, within a reasonable period, send a tax certificate to that person.

Annotations

Modifications

C1: S. 1104 applied (with modifications) (6.4.2014) by The Unauthorised Unit Trusts (Tax) Regulations 2013 (S.I. 2013/2819), regs. 1(3), 28(2)

Notes on Part 23

Modifications

C1: Pt. 23 applied (with modifications) by 2003 c. 1, s. 554AC(3) (as inserted (with effect in accordance with Sch. 1 para. 14 of the amending Act) by Finance Act 2018 (c. 3), Sch. 1 para. 2)