There are currently no known outstanding effects for the Finance (No. 3) Act 2010, Paragraph 11.
11U.K.In section 605 (property rental business: exclusion of business producing listed income), after subsection (2) insert—
“(2A)The reference in class 7 of the table in subsection (2) to dividends from shares includes share capital issued in lieu of a cash dividend (and the reference in subsection (1) to income is to be read accordingly).
(2B)Section 1051(2) to (4) (meaning of “share capital issued in lieu of a cash dividend”) applies for the purposes of subsection (2A) as it applies for the purposes of section 1049(1)(a).”
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