{
  "url": "https://openlegislation.uk/finance-act-2016/schedule-6/paragraph-27",
  "json_url": "https://openlegislation.uk/finance-act-2016/schedule-6/paragraph-27.json",
  "legislation": "ukpga/2016/24",
  "legislation_title": "Finance Act 2016",
  "legislation_url": "https://openlegislation.uk/finance-act-2016",
  "path": "schedule/6/paragraph/27",
  "kind": "paragraph",
  "number": "27",
  "heading": null,
  "text": "(1) Chapter 5 of Part 15 of ITA 2007 (deduction from payments of UK public revenue dividends) is amended as follows.\n(2) In section 893(2) (securities which are gross-paying government securities)—\n(a) before the “or” at the end of paragraph (a) insert—\n“(aa) securities, so far as they are not gilt-edged securities, issued or treated as issued under—\n(i) the National Loans Act 1939, or\n(ii) the National Loans Act 1968,”, and\n(b) in paragraph (b), for “894(1) or (3)” substitute “ 894(3) ”.\n(3) In section 894 (power to direct that securities are gross-paying government securities)—\n(a) omit subsections (1) and (2) (power in relation to securities within the new section 893(2)(aa)), and\n(b) in subsection (5) omit “(1) or”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/24/schedule/6/paragraph/27",
    "retrieved_at": "2026-10-29T09:06:05.350093+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}