692Abnormal dividends: generalU.K.
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(1)An amount received by way of dividend is treated as abnormal for the purposes of this Chapter if the appropriate authority is satisfied—
(a)in any case that the excessive return condition is met (see section 693), or
(b)in the case of a dividend at a fixed rate, that the excessive accrual condition is met (see section 694).
(2)In subsection (1) “the appropriate authority” means whichever of the following is determining the question whether the amount is abnormal for the purposes of this Chapter—
(a)an officer of Revenue and Customs,
(b)the Commissioners for Her Majesty's Revenue and Customs,
(c)the Special Commissioners, or
(d)the tribunal appointed under section 704.