6. Information relating to the following payments is not relevant data for the purposes of a data-holder of the type described in paragraph 12—U.K.
(a)a payment in respect of a certificate of deposit within the meaning given by section 1019 of the Income Tax Act 2007(1);
(b)a payment in respect of an investment or a deposit held by a branch of a person to whom a data-holder notice is issued, where the branch is situated in a territory other than the United Kingdom;
F1(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d)a payment in respect of an investment under a plan provided for by regulations made under Chapter 3 of Part 6 of the Income Tax (Trading and Other Income) Act 2005(2);
(e)a payment to or a receipt for a person other than an individual (in whatever capacity the individual is acting), except where the case falls within regulation 9(c) or 10(d) [F2or where the relevant data-holder is carrying on a trade or business and, in the ordinary course of the operations thereof, receives or retains money in such circumstances that interest becomes payable thereon];
(f)any other payment not falling within any of paragraphs (a) to (e) which is specified in the data-holder notice as being a payment in respect of which information is not required.
Textual Amendments
F1Reg. 6(c) omitted (1.9.2013) by virtue of The Data-gathering Powers (Relevant Data) (Amendment) Regulations 2013 (S.I. 2013/1811), regs. 1, 3
F2Words in reg. 6(e) added (1.9.2013) by The Data-gathering Powers (Relevant Data) (Amendment) Regulations 2013 (S.I. 2013/1811), regs. 1, 4
Commencement Information
2005 c. 5; Chapter 3 was amended by section 50 of and paragraphs 131 and 132 of Schedule 4 to the Commissioners for Revenue and Customs Act 2005 (c. 11), section 40 of the Finance Act 2008 (c. 9) and section 40 of the Finance Act 2011 (c. 11).