# Finance (No. 2) Act 1997, Paragraph 21


(1) Schedule 7 to the Finance Act 1997 shall be amended as follows.
(2) Paragraph 2 (distributions treated as FIDs) shall cease to have effect.
(3) Paragraphs 4 to 6 (exceptions for stock options, dividends on fixed rate preference shares and pre-sale distributions) shall cease to have effect.
(4) Sub-paragraphs (2) and (3) above have effect in relation to distributions made on or after 6th April 1999.

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Source: https://www.legislation.gov.uk/ukpga/1997/58/schedule/6/paragraph/21 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-1997/schedule-6/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.