Part 15Deduction of income tax at source

Chapter 5Deduction from payments of UK public revenue dividends

Regulations

897Power to make regulations

(1)

The Commissioners for Her Majesty's Revenue and Customs may by regulations—

(a)

make provision as to the time and manner in which persons are to account for and pay income tax in respect of payments from which they are required to deduct sums representing income tax under section 892, and

(b)

otherwise modify the provisions of section 892 and Chapters 15 and 16 in their application to such payments.

(2)

Regulations under this section may—

(a)

make different provision for different descriptions of UK public revenue dividend and for different circumstances, and

(b)

contain incidental, supplemental, consequential and transitional provision and savings.

(3)

The Commissioners for Her Majesty's Revenue and Customs must not make any regulations under this section unless a draft of them has been laid before and approved by a resolution of the House of Commons.