# The Unauthorised Unit Trusts (Tax) Regulations 2013, Regulation 36: ITTOIA 2005


(1) ITTOIA 2005 is amended as follows.
(2) In section 365(1) (overview of Part 4 of Act), omit paragraph (i).
(3) In section 397(6) (tax credits for qualifying distributions of UK resident companies: UK residents and eligible non-UK residents), omit the entry relating to section 504(4) of ITA 2007.
(4) In section 397A(6) (tax credits for qualifying distributions of non-UK resident companies: UK residents and eligible non-UK residents), omit the entry relating to section 504(4) of ITA 2007.
(5) In section 399(7) (qualifying distributions received by persons not entitled to tax credits), omit the entry relating to section 504(4) of ITA 2007.
(6) In section 400 (non-qualifying distributions), omit subsection (7).
(7) In section 410(3) (when stock dividend income arises), for “section 504 of that Act” substitute “regulation 12 of the Unauthorised Unit Trusts (Tax) Regulations 2013”.
(8) Omit Chapter 10 of Part 4 (distributions from unauthorised unit trusts).
(9) In section 839 (annual payments payable out of relevant foreign income)—
(a) in subsection (3) —
(i) omit the entry relating to Chapter 10 of Part 4 of ITTOIA 2005,
(ii) omit the “or” before the entry relating to Chapter 7 of Part 5 of that Act, and
(b) at the end insert—
“, or
regulation 15 of the Unauthorised Unit Trusts (Tax) Regulations 2013.”, and
(c) in subsection (3A)(b), for the words from “Chapter 5” to the end substitute “Chapter 7 of Part 10 of that Act (annual payments not otherwise charged) or regulation 15 of the Unauthorised Unit Trusts (Tax) Regulations 2013”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111103982/regulation/36 (the official version)
Page: https://openlegislation.uk/draft-unauthorised-unit-trusts-tax-regulations-2013/regulation-36
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.