41U.K.CTA 2010 is amended as follows.
42U.K.In section 1 (overview of Act), in subsection (4)—
(a)omit paragraph (d), and
(b)before paragraph (e) insert—
“(da)manufactured dividends (see Part 17A),”.
43U.K.Omit Part 17 (manufactured payments and repos).
44(1)Section 1109(5) (provisions to which section 1109 is subject) is amended as follows.U.K.
(2)Omit paragraphs (a) to (c) (and the word “and” at the end of paragraph (c)).
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Sch. 29 para. 44(3) omitted (15.9.2016) (with effect in accordance with Sch. 1 para. 73 of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 1 para. 71(b)
45U.K.In Schedule 1 (minor and consequential amendments), omit paragraphs 259, 537, 538, 539(b) and (c), 635, 636 and 689(a) and (b)(i).
46U.K.In Schedule 2 (transitionals and savings), omit Part 17 (manufactured payments and repos).
47U.K.In Schedule 4 (index of defined expressions), omit the entries for—
“creditor quasi-repo (in Chapter 5 of Part 17)”, “ creditor repo (in Chapter 5 of Part 17) ”, “ debtor quasi-repo (in Chapter 5 of Part 17) ”, “ debtor repo (in Chapter 5 of Part 17) ”, “ manufactured dividend (in Part 17) ”, “ manufactured overseas dividend (in Part 17) ”, “ overseas dividend (in Part 17) ”, “ overseas securities (in Part 17) ”, “ overseas tax (in Part 17) ”, “ prescribed (in Chapter 4 of Part 17) ”, “ stock lending arrangement (in Chapter 5 of Part 17) ”, and “ “UK shares (in Part 17)”. ”.