# The Income Tax (Manufactured Overseas Dividends) (Amendment) Regulations 2003, Regulation 11: Amendments to regulation 10


(1) Amend regulation 10 (matching of dividends and manufactured overseas dividends) as follows.
(2) In paragraph (1)(b) for the words from “by reason of—” to “nil percent.” substitute “by virtue of regulation 5”.
(3) In paragraph (2)—
(a) after “paid” insert “to a United Kingdom recipient”;
(b) for “recipient of the manufactured overseas dividend paid” substitute “United Kingdom recipient”.
(4) In paragraph (3)—
(a) after “paid” in the first place where it occurs insert “to a United Kingdom recipient”;
(b) in sub-paragraph (a) and in sub-paragraph (b) (three times) for “paid” substitute “so paid”;
(c) in sub-paragraph (c) for “recipient” substitute “United Kingdom recipient”.
(5) In paragraph (4)—
(a) after “paid” in the first place where it occurs insert “to a United Kingdom recipient”;
(b) in sub-paragraphs (a) and (b) for “paid” substitute “so paid”;
(c) in sub-paragraph (c) for “recipient” substitute “United Kingdom recipient”.

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Source: https://www.legislation.gov.uk/uksi/2003/2582/regulation/11 (the official version)
Page: https://openlegislation.uk/income-tax-manufactured-overseas-dividends-amendment-regulations-2003/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.