C1Part 15Deduction of income tax at source
Annotations:
Modifications etc. (not altering text)
Chapter 11Payments between companies etc: exception from duties to deduct
Excepted payments
935PEP and ISA managers
1
A payment is an excepted payment if each of the following conditions is met in relation to the payment.
2
The person to whom the payment is made must be, or must be the nominee of, the plan manager of a plan of a kind to which regulations under Chapter 3 of Part 6 of ITTOIA 2005 (income from individual investment plans) apply.
3
The plan manager must receive the payment in respect of investments under the plan.
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)