Page 48 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax

Silke

Regulated intermediary 18.7.2

Regulated intermediary As defined in or referred to in…

Central securities depository participant s 34 of Securities Services Act 2004

Authorised user s 1 of Securities Services Act 2004

Approved nominee s 36(2) of Securities Services Act 2004

Nominated person holding investments on Codes of conduct for Administrative &

behalf of clients Discretionary Financial Service Providers

Portfolio of CIS in securities CIS = collective investment scheme

Transfer secretary (≠ NP) As approved by the Commissioner

A “Co” or “regulated intermediary” do no have to withheld any

Dividends tax…If the holder of the share, at the date determined

by the co/regulated intermediary (or if no date is determined the

date when the dividend is paid) provided a declaration and a

written undertaking to the co/regulated intermediary.