SCHEDULES

SCHEDULE 17DUAL RESIDENT INVESTING COMPANIES

PART II EARLY PAYMENTS OF INTEREST ETC. AND CHARGES ON INCOME

Interpretation

4

In this Part of this Schedule—

(a)

a “1986 accounting period” means an accounting period which begins or ends (or begins and ends) in the financial year 1986;

(b)

a “post-1986 accounting period” means an accounting period which begins on or after 1st April 1987; and

(c)

“dual resident investing company” has the same meaning as in section 404.