45 Interpretation of Part III.U.K.
M1In this Part—
“banker” includes a person acting as a banker;
“coupons” and “coupons for any overseas public revenue dividends” include warrants for and bills of exchange purporting to be drawn or made in payment of any overseas public revenue dividends;
“dividends” means any interest, public annuities, dividends or shares of annuities;
[F1“overseas public revenue dividends” means public revenue dividends payable out of any public revenue other than that of the United Kingdom;]
“public revenue”, except where the context otherwise requires, includes the public revenue of any government whatsoever, and the revenue of any public authority or institution in any country outside the United Kingdom; and
“public revenue dividends” means dividends payable out of any public revenue.
Textual Amendments
F11988(F) s.76(2)with respect to payments obtained on or after 29July 1988.Previously
“ “overseas public revenue dividends” means public revenue dividends payable elsewhere than in the United Kingdom (whether they are also payable in the United Kingdom or not) out of any public revenue other than public revenue of the United Kingdom;”.
Marginal Citations
M1SOURCE-1970 s. 107, Sch. 5 para. 14