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SCHEDULES

SCHEDULE 29U.K.Manufactured payments

PART 3 U.K.Consequential etc amendments

ITA 2007U.K.

20U.K.In section 658 (powers to modify: supplementary), for subsection (5) substitute—

(5)Subsections (6) to (10) apply for the purposes of sections 656 and 657 and this section.

(6)UK shares” means shares in a UK resident company.

(7)UK securities” means securities of—

(a)the government of the United Kingdom,

(b)a local authority in the United Kingdom,

(c)another public authority in the United Kingdom, or

(d)a UK resident company or other UK resident body.

(8)But “UK securities” does not include UK shares.

(9)Overseas securities” means shares, stock or other securities issued by—

(a)a government, local authority or other public authority of a territory outside the United Kingdom, or

(b)another non-UK resident body of persons.

(10)Overseas securities” includes shares in a non-UK resident company.