Commentary

A6.333 Payments derived from securities

Administration and compliance

A6.333 Payments derived from securities

A6.333 Payments derived from securities

The following are relevant data-holders1:

  1.  

    •     the registered or inscribed holder of securities

  2.  

    •     a person who receives a payment derived from securities or would be entitled to do so if a payment were made, including an amount (whether income or capital):

    1.  

      –     payable out of, or in respect of, securities or rights attaching to securities, and

    2.  

      –     a payment that is representative of any such amount2

  3.  

    •     a person who receives a payment by a company on the redemption, repayment or purchase of its own shares, and

  4.  

    •     a person who receives a chargeable

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