The Finance Act 1991, section 58, (Commencement No. 3) Regulations 1993
These Regulations, which come into force on 21st April 1993, are made under section 58(3) of the Finance Act 1991. Section 58 makes provision with regard to manufactured dividends and interest, and has effect in relation to payments made on or after such day as the Treasury may specify in regulations. Different days may be appointed for different provisions or different purposes. Section 58(1) makes provision for section 736A to be inserted into the Income and Corporation Taxes Act 1988 (“the 1988 Act”), and section 58(2) introduces Schedule 13 to the Finance Act 1991. Paragraph 1 of Schedule 13 inserts Schedule 23A into the 1988 Act, paragraph 2 amends Schedule 18 to the Finance Act 1986 (c. 41), and paragraphs 3 and 4 amend sections 737 and 738 respectively of the 1988 Act.