C1Part 15Deduction of income tax at source
Annotations:
Modifications etc. (not altering text)
Chapter 2F1Meaning of “relevant investment” for purposes of section 876
Annotations:
Amendments (Textual)
F1
Pt. 15 Ch. 2 heading substituted (with effect in accordance with Sch. 6 para. 28 of the amending Act) by Finance Act 2016 (c. 24), Sch. 6 para. 4
Deposit-takers and relevant investments
855Meaning of “investment” and “deposit”
F21
In this Chapter, and section 876, “investment” means a deposit with a deposit-taker.
2
In this Chapter “deposit” means a sum of money paid on terms which mean that it will be repaid (with or without interest)—
a
on demand, or
b
at a time or in circumstances agreed by or on behalf of the person who pays it and the person who receives it.
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)