# The Income Tax (Manufactured Overseas Dividends) (Amendment No. 2) Regulations 1997

S.I. 1997/2706 · made 17 November 1997

These Regulations amend the Income Tax (Manufactured Overseas Dividends) Regulations 1993 (S.I. 1993/2004) by omitting paragraph (3) of regulation 12 of those Regulations. Regulation 12 relates to the tax treatment of manufactured overseas dividends paid to collecting agents that are representative of foreign dividends. Paragraph (3) of regulation 12 is rendered obsolete by the Income Tax (Paying and Collecting Agents) (Amendment) Regulations 1997 (S.I. 1997/2705) which come into force at the same time as these Regulations.

Made under: Income and Corporation Taxes Act 1988 (Schedule 23A paragraph 1, Schedule 23A paragraph 4)

## Introductory text

INCOME TAX
Made 17th November 1997
Laid before the House of Commons 18th November 1997
Coming into force 9th December 1997
The Treasury, in exercise of the powers conferred on them by paragraphs 1(1) and 4(8) of Schedule 23A to the Income and Corporation Taxes Act 1988, hereby make the following Regulations:

## 1 

These Regulations may be cited as the Income Tax (Manufactured Overseas Dividends) (Amendment No. 2) Regulations 1997 and shall come into force on December 1997.

## 2 

In regulation 12 of the Income Tax (Manufactured Overseas Dividends) Regulations 1993—
(a) in paragraph (2)(a) the words “subject to paragraph (3)” shall be omitted;
(b) paragraph (3) shall be omitted.

## Signature

Bob Ainsworth
Jon Owen Jones
Two of the Lords Commissioners of Her Majesty’s Treasury
17th November 1997

## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the Income Tax (Manufactured Overseas Dividends) Regulations 1993 (S.I. 1993/2004) by omitting paragraph (3) of regulation 12 of those Regulations. Regulation 12 relates to the tax treatment of manufactured overseas dividends paid to collecting agents that are representative of foreign dividends. Paragraph (3) of regulation 12 is rendered obsolete by the Income Tax (Paying and Collecting Agents) (Amendment) Regulations 1997 (S.I. 1997/2705) which come into force at the same time as these Regulations.

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Source: https://www.legislation.gov.uk/uksi/1997/2706 (the official version)
Page: https://openlegislation.uk/income-tax-manufactured-overseas-dividends-amendment-no-2-regulations-1997
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.