45 Power to enable dividends of investment trusts to be taxed as interest
Finance Act 2009 (2009 c 10) | Legislation

45  Power to enable dividends of investment trusts to be taxed as interest

(1)     The Treasury may by regulations make provision for and in connection with—

(a)     the designation by a company that is an investment trust or a prospective investment trust of dividends made by the company, and

(b)     the treatment of a designated dividend for the purposes of the Tax Acts, in specified circumstances and in the case of specified persons—

(i)     as a payment of yearly interest, or

(ii)     as interest under

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