The Friendly Societies (Modification of the Corporation Tax Acts) (Amendment) Regulations 2004

1. Introductory Text

2. 1. Citation, commencement and effect

3. 2. Amendments to the Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1997

4. 3. In regulation 2— (1) Omit the definitions of “directive society”,...

5. 4. After regulation 2 insert— (2A) In the Corporation Tax Acts,...

6. 5. Omit regulations 3 and 4.

7. 6. (1) In paragraph (2) of regulation 6—

8. 7. After regulation 7 insert— (7A) In the case of a...

9. 8. In regulation 9— (a) in paragraph (1), for “non-directive societies”...

10. 9. In regulation 13— (a) for paragraph (1) substitute—

11. 10. For regulation 14 substitute— (1) Section 432E of the Taxes Act shall apply to...

12. 11. Omit regulation 15.

13. 12. In regulation 19(1), for “non-directive societies” substitute “non annual return...

14. 13. In regulation 19A(1), for “non-directive societies” substitute “non annual return...

15. 14. In regulation 20(1), for “non-directive societies” substitute “non annual return...

16. 15. In regulation 20A(1), for “non-directive societies” substitute “non annual return...

17. 16. (1) Omit regulation 21A(4). (2) This regulation has effect for...

18. 17. Omit regulation 21B.

19. 18. In regulation 22, for paragraphs (1) and (2) substitute—

20. 19. Omit regulation 23.

21. 20. (1) Omit regulation 25. (2) Section 440(1) of the Income...

22. 21. Omit regulation 27.

23. 22. In regulation 28(1), for “non-directive societies” substitute “non annual return...

24. 23. Omit regulation 30.

25. 24. (1) In regulation 30B— (a) in paragraph (2), for “(3),...

26. 25. In regulation 30C, after paragraph (1) insert—

27. 26. In regulation 30D(1), for “non-directive societies” substitute “non annual return...

28. 27. For regulation 32 substitute— (32) Where section 82(1)(b) of the...

29. 28. After regulation 32 insert— (1) In the case of a friendly society, section 82B...

30. 29. In regulation 33— (a) in paragraph (1), for “directive societies”...

31. 30. Omit regulations 34 and 35.

32. 31. In regulation 36(1), for “directive societies” substitute “annual return societies”....

33. 32. In regulation 37(1), for “non-directive societies” substitute “non annual return...

34. 33. (1) After regulation 39 insert— (39A) In the case of...

35. 34. Omit regulation 40.

36. 35. After regulation 40 insert— (1) In the case of a friendly society, section 89(1B)...

37. 36. (1) After regulation 43 insert— (1) In the case of a friendly society, section 210B...

38. 37. Omit regulation 44.

39. 38. (1) After regulation 44 insert— (1) In the case of a friendly society, section 211ZA...

40. 39. In regulation 45— (a) in paragraph (1), omit from “;...

41. 40. Omit regulations 47, 49, 50, 50A, 50B, 51, 52, 53D,...

42. Signature

43. Explanatory Note