Article 3 Amendment of the Finance Act 2006

(1)

Amend section 139 of the Finance Act 2006^f1 (manufactured dividends) as follows.

(2)

After subsection (1) insert—

“(1A)
Paragraph 2 of Schedule 23A to ICTA has effect with the modifications set out in subsections (2) and (2A).”.

(3)

In subsection (2) for the words from the beginning to “paragraph 2(2)—” substitute “For sub-paragraph (2) there is substituted—”.

(4)

After subsection (2) insert—

“(2A)
Sub-paragraphs (6) to (8) are omitted.”.

Annotations

f1: 2006 c. 25; section 139 was amended by paragraph 621 of Schedule 1 to the Income Tax Act 2007, by paragraph 20 of Schedule 14 to the Finance Act 2007 (c. 11) by virtue of article 3 of the Finance Act 2007 (Schedules 13 and 14) Order 2007 (S.I. 2007/2483), by paragraph 35(2)(b) of Schedule 17 to the Finance Act 2008 (c. 9) and by paragraph 691 of Schedule 1 to the Corporation Tax Act 2009 (c. 4).