[F1737D Power to provide for manufactured payments to be eligible for relief.U.K.
(1)The Treasury may by regulations provide for any manufactured payment made to any person to be treated, in such circumstances and to such extent as may be described in the regulations, as comprised in income of that person that is eligible for relief from tax by virtue of section 438, [F2613(4) or 614(2), (3) or (4) or section 186 of the Finance Act 2004.]
(2)In this section “manufactured payment” means any F3. . . manufactured interest or manufactured overseas dividend, within the meaning of Schedule 23A.]
Textual Amendments
F1Ss. 737D, 737E inserted (1.5.1995) by Finance Act 1995 (c. 4), s. 83(1)
F2Words in s. 737D(1) substituted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 35 para. 32 (with Sch. 36)
F3Words in s. 737D(2) repealed (with effect in accordance with s. 102(10) of the repealing Act) by Finance Act 1998 (c. 36), s. 102(3), Sch. 27 Pt. 3(24), Note
Modifications etc. (not altering text)
C1S. 737D(2) modified (19.7.2006) by Finance Act 2006 (c. 25), s. 139(1)(6)