Amendments to regulation 23

1

Amend regulation 2 (interpretation)3 as follows.

2

In paragraph (1)—

a

in the definitions of “approved United Kingdom collecting agent” and “approved United Kingdom intermediary” for “branch or agency” substitute “permanent establishment”;

b

omit the definition of “the Double Taxation Relief Regulations”4;

c

for the definition of “United Kingdom recipient” substitute—

  • “United Kingdom recipient” shall be construed in accordance with paragraph 4(3A) of Schedule 23A5.

3

After paragraph (2) add—

3

In these Regulations references to a permanent establishment shall be read, in relation to accounting periods beginning before 1st January 2003, as references to a branch or agency.