The Income Tax (Manufactured Interest) Regulations 1992

Statutory Instruments

1992 No. 2074

INCOME TAX

The Income Tax (Manufactured Interest) Regulations 1992

Made

24th August 1992

Laid before the House of Commons

3rd September 1992

Coming into force

24th September 1992

The Treasury, in exercise of the powers conferred on them by section 737(6), (7A) and (7B) of, and paragraphs 1(1) and 8 of Schedule 23A to, the Income and Corporation Taxes Act 1988(1), hereby make the following Regulations:

(1)

1988 c. 1; subsection (6) of section 737 was amended by, and subsections (7A) and (7B) were inserted by, section 58(2) of, and paragraph 3 of Schedule 13 to, the Finance Act 1991 (c. 31); Schedule 23A was inserted by section 58(2) of, and paragraph 1 of Schedule 13 to, the Finance Act 1991. Schedule 23A, and section 737 (as amended by section 58(2) of, and paragraph 3 of Schedule 13 to, the Finance Act 1991) were brought into effect, so far as those provisions relate to manufactured dividends on United Kingdom equities, on 26th February 1992 by S.I. 1992/173 (C.3) and, so far as the provisions relate to manufactured interest on United Kingdom securities, on 30th June 1992 by S.I. 1992/1346 (C.44).