# Finance Act 2024, Paragraph 46: Dividends from protected cell companies

Extent: E+W+S+N.I.

After section 273B (as inserted by paragraph 45) insert—
“Dividends from protected cell companies
273C (1) This section applies to a dividend or other distribution made by a protected cell company that is received or accrued by—
(a) a qualifying entity that is not a member of a group, or
(b) a member of a group that has no members located outside of the United Kingdom.
(2) A dividend or other distribution to which this section applies is to be treated as an excluded dividend (see section 141) for domestic purposes and domestic entity purposes.”

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Source: https://www.legislation.gov.uk/ukpga/2024/3/schedule/12/paragraph/46 (the official version)
Page: https://openlegislation.uk/finance-act-2024/schedule-12/paragraph-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.