http://www.legislation.gov.uk/id/ukpga/2007/3

Part 15Deduction of income tax at source

Chapter 5Deduction from payments of UK public revenue dividends

Introduction

891Meaning of “UK public revenue dividend”

In this Chapter “UK public revenue dividend” means any income from securities which—

(a)

is paid out of the public revenue of the United Kingdom or Northern Ireland, but

(b)

is not interest on local authority stock.