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The Income Tax (Building Societies) (Dividends and Interest) (Amendment) Regulations 1992

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Amendments to the principal Regulations

5.  In regulation 4(1)—

(a)sub-paragraph (m) shall be omitted;

(b)after sub-paragraph (n) there shall be added—

(o)a payment in respect of an investment forming part of a premiums trust fund (within the meaning of section 457 of the Taxes Act) of an underwriting member of Lloyd's;

(p)a payment to a local authority within the meaning of section 842A of the Taxes Act(1)..

(1)

Section 842A was inserted by section 127(1) of the Finance Act 1990.

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