Finance Act 1997 (c. 16)

SCHEDULES

SCHEDULE 10 U.K. Stock lending arrangements and manufactured payments

Part I U.K. Stock lending

Manufactured payments in stock lending cases etc. U.K.

4 U.K. In Schedule 23A to the Taxes Act 1988 (manufactured payments)—

(a) paragraph 6 (unapproved manufactured payments) shall cease to have effect; and

(b) in paragraph 7(3)—

(i) in paragraph (a), the words “except where paragraph 6 above applies, and” shall be omitted;

(ii) paragraph (b) shall be omitted; and

F1 (iii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Sch. 10 para. 4(b)(iii) repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)