# Finance Act 2016, Paragraph 28


(1) The amendments made by Parts 1 and 3 of this Schedule have effect in relation to—
(a) interest paid or credited on or after 6 April 2016, and
(b) dividends or other distributions paid by a building society on or after that date.
(2) Sub-paragraph (1) does not apply to—
(a) the repeals in Schedule 12 to FA 1988;
(b) the amendments in section 564Q of ITA 2007;
(c) the repeal of paragraph 277 of Schedule 1 to ITA 2007.
(3) The repeals mentioned in sub-paragraph (2)(a) and (c) have effect in relation to benefits conferred on or after 6 April 2016.
(4) The amendments mentioned in sub-paragraph (2)(b) have effect in relation to alternative finance return paid on or after 6 April 2016.
(5) The amendments made by Part 2 of this Schedule, and the amendments made by this Schedule in sections 893 and 894 of ITA 2007, have effect in relation to interest paid on or after 6 April 2016.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/6/paragraph/28 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-6/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.