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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations amend the Income Tax (Manufactured Overseas Dividends) Regulations 1993 (S.I. 1993/2004) by substituting a new definition of “collecting agent” in relation to manufactured overseas dividends paid or received on or after 1st April 2001. The former definition is rendered obsolete by the repeal from that date of Chapter VIIA of Part IV of the Income and Corporation Taxes Act 1988 (c. 1) relating to paying and collecting agents. The repeal is effected by section 111 of the Finance Act 2000 (c. 17).