Part 15Deduction of income tax at source

Chapter 2Deduction by deposit-takers and building societies

Supplementary

872Power to make orders amending Chapter

1

The Treasury may by order amend this Chapter for the purposes of providing that investments of a kind specified in the order are, or are not, relevant investments.

2

An order under this section which amends this Chapter in its application to deposit-takers may do so—

a

in relation to all deposit-takers, or

b

in relation to such deposit-takers or classes of deposit-taker as the order may specify.

3

An order under this section may contain incidental, supplemental, consequential and transitional provision and savings.

4

An order under this section may not amend section 852 (power to make regulations disapplying section 851).

5

An order under this section may not amend section 870(2)(b) for the purpose of providing that securities of the kind mentioned in that provision are relevant investments.