[F1716APriority rule for dividends etc. of UK resident companies etc.U.K.
This section has no associated Explanatory Notes
[F2(1)] Any income, so far as it falls within—
(a)Part 2, 9 or 10 of this Act, and
(b)Chapter 3 of Part 4 of ITTOIA 2005 (dividends etc. from UK resident companies etc.),
is dealt with under Chapter 3 of Part 4 of ITTOIA 2005.
[F3(2)Subsection (1) is subject to section 554Z2(2).]]
Textual Amendments
F1S. 716A and cross-heading inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 615 (with Sch. 2)
F2S. 716A renumbered as s. 716A(1) (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 34(2)
F3S. 716A(2) inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 34(3)