Regulation 2

(1)

The day specified for the provisions and purposesspecified in paragraph (2) in relation to payments made on or after which section 58 of the Finance Act 1991 shall have effect is 26th February 1992.

(2)

The provisions and purposes specified in this paragraph are—

(a)

section 736A of, and Schedule 23A to, the Income and Corporation Taxes Act 1988^f1 insofar as those provisions relate to a manufactured dividend on United Kingdom equities;

(b)

section 737 of the Income and Corporation Taxes Act 1988^f2, as amended by section 58(2) of, and paragraph 3 of Schedule 13 to, the Finance Act 1991, insofar as the said section 737 relates to a manufactured dividend on United Kingdom equities; and

(c)

paragraph 9(1)(b) of Schedule 18 to the Finance Act 1986^f3, as amended by section 58(2) of, and paragraph 2 of Schedule 13 to, the Finance Act 1991.

(3)

In paragraph (2) above “manufactured dividend” and “United Kingdom equities” have the same meaning as in Schedule 23A to the Income and Corporation Taxes Act 1988.

Annotations

Footnotes

f1: 1988 c. 1; section 736A was inserted by section 58(1) of the Finance Act 1991 and Schedule 23A by paragraph 1 of Schedule 13 to the Finance Act 1991.
f2: 1988 c. 1; section 737 was amended by section 123 of, and Part V of Schedule 19 to, the Finance Act 1991.
f3: 1986 c. 41; Schedule 18 was amended by section 844(4) of, and Schedule 31 to, the Income and Corporation Taxes Act 1988.