# Finance (No. 3) Act 2010, Paragraph 11


In section 605 (property rental business: exclusion of business producing listed income), after subsection (2) insert—
“(2A) The reference in class 7 of the table in subsection (2) to dividends from shares includes share capital issued in lieu of a cash dividend (and the reference in subsection (1) to income is to be read accordingly).
(2B) Section 1051(2) to (4) (meaning of “share capital issued in lieu of a cash dividend”) applies for the purposes of subsection (2A) as it applies for the purposes of section 1049(1)(a).”

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Source: https://www.legislation.gov.uk/ukpga/2010/33/schedule/4/paragraph/11 (the official version)
Page: https://openlegislation.uk/finance-no-3-act-2010/schedule-4/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.