Paragraph 40

Section 1101 (non-qualifying distributions etc: returns and information) is amended as follows.

In subsection (1) (duty to make return), for “which is not a qualifying distribution” substitute “ to which section 1100 does not apply ”.

In subsection (4) (duty to make return where not clear whether distribution is non-qualifying), for “which is not a qualifying distribution” substitute “ to which section 1100 does not apply ”.

In the heading, and in the heading of section 1102, for “Non-qualifying” substitute “ Other ”.