# The Double Taxation Relief (Manufactured Overseas Dividends) (Amendment) Regulations 1996

S.I. 1996/2654 · made 17 October 1996

These Regulations amend the Double Taxation Relief (Taxes on Income) (General) (Manufactured Overseas Dividends) Regulations 1993 so as to exclude from the definition of “manufactured overseas dividend” in those Regulations a manufactured overseas dividend in respect of an overseas security that represents a loan relationship within the meaning of section 81 of the Finance Act 1996 (c. 8).

Made under: Income and Corporation Taxes Act 1988 (Section 791)

## Introductory text

INCOME TAX
Made 17th October 1996
Coming into force 6th November 1996
The Commissioners of Inland Revenue, in exercise of the powers conferred on them by section 791 of the Income and Corporation Taxes Act 1988, hereby make the following Regulations:

## 1 

These Regulations may be cited as the Double Taxation Relief (Manufactured Overseas Dividends) (Amendment) Regulations 1996 and shall come into force on 6th November 1996.

## 2 

In regulation 2 of the Double Taxation Relief (Taxes on Income) (General) (Manufactured Overseas Dividends) Regulations 1993 for the definition of “manufactured overseas dividend” there shall be substituted the following definition—
““manufactured overseas dividend” means any payment of the description contained in paragraph 4(1) of Schedule 23A to the Taxes Act other than a payment to which regulation 2B of the Income Tax (Manufactured Overseas Dividends) Regulations 1993 (tax treatment of manufactured overseas dividends paid in connection with loan relationships) applies;”

## Signature

S C T Matheson
G H Bush
Two of the Commissioners of Inland Revenue
17th October 1996

## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the Double Taxation Relief (Taxes on Income) (General) (Manufactured Overseas Dividends) Regulations 1993 so as to exclude from the definition of “manufactured overseas dividend” in those Regulations a manufactured overseas dividend in respect of an overseas security that represents a loan relationship within the meaning of section 81 of the Finance Act 1996 (c. 8).

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Source: https://www.legislation.gov.uk/uksi/1996/2654 (the official version)
Page: https://openlegislation.uk/double-taxation-relief-manufactured-overseas-dividends-amendment-regulations-1996
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.