Schedule 23A to the Taxes Act 1988U.K.
17(1)Schedule 23A to the Taxes Act 1988 (manufactured dividends and interest) shall be amended as follows.U.K.
(2)In paragraph 1(1) (interpretation) the definition of “foreign income dividend” shall cease to have effect.
(3)In paragraph 2 (manufactured dividends on UK equities: general) in sub-paragraph (6) the words “Subject to paragraph 2B(2)(b) below” shall cease to have effect.
(4)Paragraph 2B (manufactured dividends representative of foreign income dividends) shall cease to have effect.
(5)This paragraph has effect in relation to manufactured dividends which are representative of dividends paid on or after 6th April 1999.