{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-66",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-66.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/4/paragraph/66",
  "kind": "paragraph",
  "number": "66",
  "heading": "Minor amendments",
  "text": "In section 220 (top-up amount of investment entity)—\n(a) in subsection (1)—\n(i) in Step 8, after “entity” insert “, unless the entity has a positive undistributed income amount (see sections 214 and 215) for the period (in which case proceed to Step 9), and\n(ii) after that Step insert—\n“Step 9\nWhere this Step applies, the top-up amount for the entity is the sum of—\n(a) the result of Step 8, and\n(b) the positive undistributed income amount for the entity for the period multiplied by 15%.”, and\n(b) omit subsection (2).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/4/paragraph/66",
    "retrieved_at": "2026-10-29T08:47:01.939707+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."
}