ANNEX 1:: MINOR CHANGES IN THE LAW MADE BY THE BILL Introduction
This change enacts some provisions of the Income Tax (Building Societies) (Dividends and Interest) Regulations 1990 (SI 1990/2231) (the building society regulations) and certain provisions in other regulations and orders. The main purpose of the change is to secure a common basis for the split between the primary and secondary legislation about the deduction of sums representing income tax by deposit-takers and by building societies.