The Finance Act 1991, section 58,(Commencement No. 1) Regulations 1992

• Citation: S.I. 1992/173
• Sections: 2

Section 1

These Regulations may be cited as the Finance Act 1991, section 58, (Commencement No. 1) Regulations 1992 and shall come into force on 25th February 1992.

Section 2

(1) The day specified for the provisions and purposesspecified in paragraph (2) in relation to payments made on or after which section 58 of the Finance Act 1991 shall have effect is 26th February 1992.

(2) The provisions and purposes specified in this paragraph are—

(a) section 736A of, and Schedule 23A to, the Income and Corporation Taxes Act 1988 insofar as those provisions relate to a manufactured dividend on United Kingdom equities;

(b) section 737 of the Income and Corporation Taxes Act 1988 , as amended by section 58(2) of, and paragraph 3 of Schedule 13 to, the Finance Act 1991, insofar as the said section 737 relates to a manufactured dividend on United Kingdom equities; and

(c) paragraph 9(1)(b) of Schedule 18 to the Finance Act 1986 , as amended by section 58(2) of, and paragraph 2 of Schedule 13 to, the Finance Act 1991.

(3) In paragraph (2) above “manufactured dividend” and “United Kingdom equities” have the same meaning as in Schedule 23A to the Income and Corporation Taxes Act 1988.