876Interest paid by deposit-takersU.K.
This section has no associated Explanatory Notes
(1)The duty to deduct a sum representing income tax under section 874 does not apply to a payment of interest in respect of which a deposit-taker has a duty to deduct under section 851.
(2)The duty to deduct a sum representing income tax under section 874 does not apply to a payment in respect of which a deposit-taker would have a duty to deduct under section 851 but for—
(a)regulations under section 852, or
(b)any of sections 858 to 861.