This section has no associated Explanatory Notes
555U.K.In section 918 (manufactured dividends on UK shares: Real Estate Investment Trusts)—
(a)in subsection (1)(b) for sub-paragraphs (i) and (ii) substitute—
“(i)paid by a company UK REIT in respect of profits or gains (or both) of the company's property rental business, or
(ii)paid by the principal company of a group UK REIT in respect of profits or gains (or both) of property rental business of members of the group.”,
(b)in subsection (3) for “company to which Part 4 of FA 2006 applies” substitute “ company UK REIT ”, and
(c)after subsection (7) insert—
“(8)In subsection (1) “gains” includes chargeable gains.”