Part 17 Manufactured payments and repos

Chapter 1 Introduction

780 Overview of Part
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

781 Key definitions
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Chapter 2 Manufactured dividends

782 Meaning of “manufactured dividend”
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

783 Treatment of payer of manufactured dividend
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

784 Treatment of recipient of manufactured dividend
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

785 Treatment of payer: Real Estate Investment Trusts
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

786 Treatment of recipient: Real Estate Investment Trusts
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

787 Exemption of manufactured dividends
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

788 Statements about manufactured dividends
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

789 Powers about administrative provisions
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Chapter 3 Manufactured overseas dividends

790 Meaning of “manufactured overseas dividend”
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

791 Treatment of payer of manufactured overseas dividend
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

792 Company receiving manufactured overseas dividend fromUKresidentetc
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

793 Section 792: amount treated as withheld
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

794 Company receiving manufactured overseas dividend from foreign payer
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

795 Exemption of manufactured overseas dividends
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Chapter 4 Further provision about manufactured payments

Manufactured payments exceeding, or less than, underlying payments

796 Manufactured dividends: amounts exceeding underlying payments
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

797 Manufactured overseas dividends: amounts exceeding underlying payments
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

798 Manufactured overseas dividends less than underlying payments
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Manufactured payments under arrangements with unallowable purpose

799 Manufactured payments under arrangements with unallowable purpose
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

800 Arrangements with an unallowable purpose
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

801 Sections 799 and 800: supplementary
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Miscellaneous

802 Powers about amounts representative of overseas dividends
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

803 Power to deal with special cases
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

804 Regulation-making powers: general
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Chapter 5 Stock lending arrangements and repos

Interpretation

805 “Stock lending arrangement”
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

806 Section 805: supplementary
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

807 “Creditor repo”, “creditor quasi-repo”, “debtor repo” and “debtor quasi-repo”
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Tax credits: stock lending arrangements and repos

808 No tax credits for borrower under stock lending arrangement
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

809 No tax credits for lender under creditor repo or creditor quasi-repo
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

810 No tax credits for borrower under debtor repo or debtor quasi-repo
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

811 Arrangements between companies to make distributions
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Deemed manufactured payments

812 Deemed manufactured payments: stock lending arrangements
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Chapter 6 Interpretation of Part

813 The gross amount of a manufactured overseas dividendetc
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

814 Other interpretation
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pt. 17 omitted (1.1.2014) by virtue of Finance Act 2013 (c. 29), Sch. 29 paras. 43, 52