The Income Tax (Paying and Collecting Agents) Regulations 1996

Declaration by eligible person— additional provisions

5.—(1) A declaration by an eligible person under regulation 4 shall be in the form prescribed, or in a form authorised, by the Board, and shall contain the information specified in paragraph (2) and the undertaking specified in paragraph (3).

(2) The information specified is—

(a) the full name of the eligible person;

(b) the principal address of the eligible person, that is to say—

(i) where the eligible person is an individual, or a trustee other than a corporate or a professional trustee, his principal residential address,

(ii) where the eligible person is a body corporate (including a corporate trustee), the address of its registered office or principal place of business,

(iii) where the eligible person is a professional trustee, the address of his employment or principal place of business;

(c) the full name of the paying agent or the collecting agent to whom the declaration is made;

(d) a statement that the status of the eligible person is such as to result in the relevant payments and relevant receipts concerned falling within section 118G(4);

(e) where the declaration relates to a relevant payment in respect of foreign holdings that are in bearer form, the name of the stock and the amount of the relevant payment;

(f) a statement that the information contained in the declaration is correct to the best of the eligible person’s knowledge and belief.

(3) The undertaking specified is an undertaking that the eligible person will notify the paying agent or collecting agent to whom the declaration is made of any relevant payments or relevant receipts to which the declaration does not apply, or has ceased to apply.

(4) A declaration under paragraph (1) shall be signed—

(a) where the eligible person is an individual, by that individual,

(b) where the eligible person is a trustee of a qualifying discretionary or accumulation trust (other than a corporate trustee), by that trustee, stating the capacity in which he signs,

(c) where the eligible person is a body corporate (including a corporate trustee), by the secretary of that company or other officer of that company duly authorised for that purpose, stating the capacity in which he signs,

(d) where the eligible person is a sovereign power or international organisation, by an authorised representative of that sovereign power or international organisation, stating the capacity in which he signs,

(e) in any other case, by an officer of the organisation concerned duly authorised for that purpose, stating the capacity in which he signs.