{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-921",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-921.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/921",
  "kind": "section",
  "number": "921",
  "heading": "Cases where interest on underlying securities paid gross",
  "text": "(1) This section applies to manufactured interest which is representative of interest on—\n(a) gilt-edged securities, or\n(b) securities which are not gilt-edged securities but on which the interest is payable without deduction of income tax.\n(2) Section 919(2) does not require any deduction of a sum representing income tax to be made on the payment of the manufactured interest.\n(3) In this section “manufactured interest” has the same meaning as in section 919.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 921(3) substituted (1.1.2014) by Finance Act 2013 (c. 29), Sch. 1 para. 52, Sch. 29 para. 24"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/921",
    "retrieved_at": "2026-10-29T09:13:03.599581+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}