Regulation 3 Interpretation of Part II
In this Part of these Regulations—
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“manufactured dividend” shall be construed in accordance with paragraph 2(1) of Schedule 23A;
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“sub-paragraph (ii)” and“sub-paragraph (iii)” mean respectively sub-paragraph (ii) and sub-paragraph (iii) of paragraph (b) of the definition of “unapproved manufactured payment” in paragraph 1(1) of Schedule 23A.