SCHEDULES
SCHEDULE 10Stock lending arrangements and manufactured payments
Part IStock lending
Manufactured payments in stock lending cases etc.
4
In Schedule 23A to the Taxes Act 1988 (manufactured payments)—
a
paragraph 6 (unapproved manufactured payments) shall cease to have effect; and
b
in paragraph 7(3)—
i
in paragraph (a), the words “except where paragraph 6 above applies, and” shall be omitted;
ii
paragraph (b) shall be omitted; and
iii
for the words “3, 4 or 6” there shall be substituted “3 or 4”.