Regulation 7 Amendment of regulation 7 (disapplication of paragraph 4(3) of Schedule 23A)

in sub-paragraph (c) after “the United Kingdom” insert “and receipt of the manufactured overseas dividend by the person beneficially entitled to it would be otherwise than in the course of a trade carried on through a branch or agency in the United Kingdom”, and

after sub-paragraph (c) insert—

“(ca)

is an approved United Kingdom collecting agent and receipt of the manufactured overseas dividend by the person beneficially entitled to it would be a foreign permanent establishment receipt, or”.