http://www.legislation.gov.uk/id/uksi/2006/964

PART 4THE TREATMENT OF PARTICIPANTS IN AUTHORISED INVESTMENT FUNDS

CHAPTER 3PARTICIPANTS CHARGEABLE TO CORPORATION TAX

Dividend distributions

References to gross income50.

For the purposes of this Chapter the references to the gross income are references to the gross income entered in the distribution accounts for the purpose of computing the total amount available for distribution to participants for the distribution period in question.