C1Part 23Company distributions
Annotations:
Modifications etc. (not altering text)
Chapter 6Information and returns: further provisions
Companies and nominees required to provide tax certificates
1105Duties of nominees
1
This section applies if—
a
a tax certificate is received by a person under section 1104(2)(b) or (3), and
b
the sum concerned (or part of it)—
i
is paid to that person as nominee for another person, or
ii
is paid into the account of that person as nominee for another person.
2
If the nominee pays the sum (or the part concerned) into a bank or building society account held by the other person the nominee must, within a reasonable period, send a tax certificate to either—
a
the bank or building society, or
b
the other person.
3
If the nominee pays the sum (or the part concerned) to the other person without paying it into a bank or building society account held by that person, the nominee must, within a reasonable period, send a tax certificate to that person.
Pt. 23 applied (with modifications) by 2003 c. 1, s. 554AC(3) (as inserted (with effect in accordance with Sch. 1 para. 14 of the amending Act) by Finance Act 2018 (c. 3), Sch. 1 para. 2)