{
  "url": "https://openlegislation.uk/friendly-societies-gilt-edged-securities-periodic-accounting-for-tax-on-interest-regulations-1996",
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  "id": "uksi/1996/21",
  "title": "The Friendly Societies (Gilt-edged Securities) (Periodic Accounting for Tax on Interest) Regulations 1996",
  "short_title": "Friendly Societies (Gilt-edged Securities) (Periodic Accounting for Tax on Interest) 1996",
  "long_title": "Section 51A(1) of the Income and Corporation Taxes Act 1988 (“the 1988 Act”), inserted by section 77 of the Finance Act 1995 (“the 1995 Act”), provides that, in certain circumstances, interest on gilt-edged securities shall be paid without deduction of income tax and that the interest so paid shall be chargeable under Case III of Schedule D. Section 51B of the 1988 Act, inserted by section 78(1) of the 1995 Act, provides that the Treasury may by regulations provide that persons to whom payments of interest on gilt-edged securities are made without deduction of tax shall make periodic returns to an officer of the Commissioners of Inland Revenue.",
  "citation": "S.I. 1996/21",
  "type": "uksi",
  "year": "1996",
  "number": "21",
  "version": "current",
  "date": "1996-01-09",
  "revised": false,
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  "unapplied_effects": 13,
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  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
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}