SCHEDULES
SCHEDULE 12Disguised interest
ITA 2007
15
1
ITA 2007 is amended as follows.
2
Omit the following provisions (which deal with deemed manufactured payments and repos)—
a
section 596(5),
b
sections 597 to 605,
c
section 606(1) to (7) and (9) and (10), and
d
sections 607 to 614.
3
In Schedule 1 (minor and consequential amendments), omit paragraphs 310, 543 and 544.
4
In Schedule 2 (transitionals and savings), omit paragraphs 112 to 124.
5
In Schedule 4 (index of defined expressions)—
a
omit the entries for—
company UK REIT (in Chapter 4 of Part 11)
distribution (in Chapter 4 of Part 11)
gross amount (in Chapter 4 of Part 11)
group (in Chapter 4 of Part 11)
group UK REIT (in Chapter 4 of Part 11)
Manufactured dividend (in Chapter 4 of Part 11)
principal company (in Chapter 4 of Part 11)
property rental business (in Chapter 4 of Part 11)
“the repurchase price of the securities (in Chapter 4 of Part 11)
b
in the entry for “distribution (except in Chapter 4 of Part 11)”, omit “(except in Chapter 4 of Part 11)”.