{
  "url": "https://openlegislation.uk/income-tax-manufactured-interest-regulations-1992/regulation-10",
  "json_url": "https://openlegislation.uk/income-tax-manufactured-interest-regulations-1992/regulation-10.json",
  "legislation": "uksi/1992/2074",
  "legislation_title": "The Income Tax (Manufactured Interest) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/income-tax-manufactured-interest-regulations-1992",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Interpretation of Part IV",
  "text": "In this part of these Regulations–\n“dividend manufacturer” means any person who–\n(a) is a dividend manufacturer in relation to whom subsection (1) of section 737 applies, and\n(b) makes a payment of a manufactured dividend in respect of United Kingdom securities;\n“manufactured dividend” means any payment which is a manufactured dividend in respect of United Kingdom securities in relation to which subsection (1) of section 737 applies, other than one which is such a payment by virtue of the provisions of subsection (6) of that section for treating references to a periodical payment of interest as including references to a qualifying distribution or a dividend which is not a qualifying distribution;\n“qualifying dividend manufacturer” means a dividend manufacturer who–\n(a) carries on a business which from time to time involves a manufactured dividend being paid by that person to another, and\n(b) is capable, whether by reason of being a market maker in relation to United Kingdom securities or otherwise, of making a payment of a manufactured dividend which is an approved manufactured payment.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words omitted",
      "affecting": "uksi/1996/1227",
      "affecting_title": "The Income Tax (Manufactured Interest) (Amendment) Regulations 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/2074/regulation/10",
    "retrieved_at": "2026-10-29T14:16:48.242052+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."
}