3(1)Section 477A of that Act (regulations for deduction of tax) shall be amended as follows.U.K.
(2)In subsections (1A) and (3A) (quoted securities) after “qualifying certificate of deposit" there shall be inserted “ and other than a qualifying deposit right ”.
(3)In subsection (10) after “and" there shall be inserted—
““qualifying deposit right” has the meaning given by section 349(4), reading “paid" as “paid or credited", and”.