621(1)Amend section 139 (manufactured dividends) as follows.U.K.
(2)In subsection (1) after “manufactured dividend” insert “ for the purposes of the Corporation Tax Acts ”.
(3)In subsection (2)—
(a)in the new paragraph 2(2) of Schedule 23A to ICTA for “(2A) to (2C)” substitute “ (2A) and (2B) ”,
(b)in the new paragraph 2(2A) of that Schedule insert “ Corporation ” before “Tax Acts”,
(c)in the new paragraph 2(2B) of that Schedule omit paragraph (d),
(d)omit the new sub-paragraphs (2C) to (2E) of paragraph 2 of that Schedule.
(4)Omit subsections (3) and (4).