289(1)Amend Schedule 27 (distributing funds) as follows.U.K.
(2)In paragraph 1(1)(d)(ii)—
(a)omit the words from “in accordance” to “(Schedule D)”,
(b)for “Case III of Schedule D” substitute “ Part 5 of CTA 2009 (loan relationships) or Chapter 7 of Part 10 of that Act (annual payments not otherwise charged) ”, and
(c)for “Case V of Schedule D” substitute “ Chapter 2 of Part 10 of CTA 2009 (dividends of non-UK resident companies) or Chapter 8 of that Part (income not otherwise charged) ”.
(3)For the heading for paragraph 3 substitute “ Certain foreign income ”.
(4)In paragraph 3(1)(aa)—
(a)in sub-paragraph (i) for “Case III of Schedule D” substitute “ Part 5 of CTA 2009 (loan relationships) or Chapter 7 of Part 10 of that Act (annual payments not otherwise charged) ”, and
(b)in sub-paragraph (ii) for “Case V of Schedule D” substitute “ Chapter 2 of Part 10 of CTA 2009 (dividends of non-UK resident companies) or Chapter 8 of that Part (income not otherwise charged) ”.
(5)In paragraph 4(3)(b) for “section 75” substitute “ section 1219 of CTA 2009 ”.
(6)In paragraph 5(3)—
(a)in paragraph (c) for “section 208” substitute “ section 1285 of CTA 2009 ”,
(b)in paragraph (d) for “Chapter 2 of Part 4 of the Finance Act 1996” substitute “ Part 5 of CTA 2009 ”, and
(c)in paragraph (e) for “Schedule 26 to the Finance Act 2002” substitute “ Part 7 of CTA 2009 ”.
(7)In paragraph 5(5) for “section 154(2) of the Finance Act 1996” substitute “ section 1279 of CTA 2009 ”.