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NATIONAL DEBT ACT 1870 - SECT 36

Income tax.

36. Income tax shall be deducted from coupons in the same manner and subject
to the same regulations in and subject to which it may by law be deducted from
dividends payable by the Bank of England or of Ireland in respect of stock of
stockholders inscribed in the books of that Bank; save only that income tax
shall be deducted from a coupon, although the dividend represented thereby
does not amount to [#2.50].

S.37 rep. by SLR 1950


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© 1870 Crown Copyright

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