12. In section 886 of the Income Tax Act 2007 M1 (interest paid by recognised clearing houses etc.)—
(a)in subsection (1)—
(i)in paragraph (a) after “clearing service” insert “ or as a central securities depository ”;
(ii)in paragraph (b) after “service” insert “ or central securities depository ”;
(b)in subsection (2) after “clearing service” insert “ or as a central securities depository ”;
(c)in subsection (3) after paragraph (d) of the definition of “relevant entity” insert—
“(e)a recognised CSD;
(f)an EEA CSD;
(g)a third country CSD.”.
Marginal Citations
M12007 c.3; section 886 was amended by paragraph 24 of Schedule 14 to the Finance Act 2007 (c.11) and S.I. 2013/504.