Yn ddilys o 01/04/2009
689(1)Amend section 121 (distributions: liability to tax) as follows.U.K.
(2)In subsection (1)(a) for “Schedule A business” substitute “ UK property business (within the meaning of section 205 of CTA 2009) ”.
(3)In subsection (2)(a) for “Schedule A business” substitute “ UK property business (within the meaning of section 205 of CTA 2009) ”.
(4)In subsection (3)(a) for the words from “dealer” to the end substitute “ person who is charged to tax under Part 3 of CTA 2009 (trading income) in respect of distributions made by companies that are received in the course of a trade not consisting of insurance business, ”.
(5)Omit subsection (4).
(6)In subsection (6)—
(a)in paragraph (a) for “Schedule A business” substitute “ UK property business (within the meaning of section 205 of CTA 2009) ”, and
(b)in paragraph (c) for “section 70A(4) of ICTA” substitute “ section 206 of CTA 2009 ”.