Yn ddilys o 28/09/2004
5ZAAfter subsection (11) there shall be treated as inserted the following subsections—
“(11A)In subsection (11) the reference in paragraph (a) of the definition of “the relevant income” to income and gains shall be treated as a reference to so much of the income and gains mentioned in that paragraph as falls to be attributed, for the purposes of section 11AA(2) F1, to the permanent establishment in the United Kingdom through which the company carries on life assurance business.
(11B)In that subsection the reference in paragraph (b) of that definition to distributions shall be treated as a reference to so much of the distributions mentioned in that paragraph as falls to be attributed, for the purposes of section 11AA(2), to the permanent establishment in the United Kingdom through which the company carries on life assurance business.”.
Textual Amendments
F1This section was inserted by section 149 of the Finance Act 2003.