Income Tax (Trading and Other Income) Act 2005

378Interpretation of sections 376 and 377U.K.
This section has no associated Explanatory Notes

In sections 376 and 377—

  • approved personal pension scheme” has the same meaning as in Chapter 4 of Part 14 of ICTA (see section 630(1) of that Act),

  • distribution” includes investment on behalf of a unit holder in respect of the holder's accumulation units,

  • distribution accounts” means the accounts showing how the total amount available for distribution to unit holders is ascertained, and

  • distribution period” means the period by reference to which that amount is ascertained.