Paragraph 88

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Amend section 477A (building societies: regulations for deduction of tax) as follows.

(2)

Omit subsections (1) to (2A).

(3)

In subsection (3)—

(a)

omit the words from “For any” to “above apply,”, and

(b)

in paragraph (b) omit the words “paid or credited in the year of assessment”.

(4)

Omit subsection (7).

F1(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)

In subsection (10) omit the definitions of “qualifying certificate of deposit”, “qualifying deposit right” and “security”.

(7)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

F1: Sch. 1 para. 88(5)(7) repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)