267F Supplementary provisions (Chapter 5)

This section contains supplementary provisions for the purposes of Chapter 5 of Part 8. The section provides that:

• (1) the provisions of section 904A, which deal with powers of inspection in relation to relevant deposit takers, are applied in like manner to credit unions who are treated as paying relevant interest as they apply to other relevant deposit takers.
• (2) subsection (2) was deleted by section 36 of the Finance Act 2012.
• (3) dividends on special share accounts and dividends on special term share accounts treated as relevant interest are not to be reckoned in computing total income, except for the purposes of a repayment claim under section 267(3).

Relevant Date: Finance Act 2021