RE1631 - Registered securities: how to apply or cancel the special arrangement

Where during day to day work, or on request, you meet a case in which the special arrangements can be applied

• complete a form R83 or R83B
• have the form signed by an Inspector
• send both parts of the form to FICO (Scotland) and
• make a permanent note of the fact of the exemption in the claim folder.

On receipt by the Bank of the completed form R83 or R83B arrangements will be made for the income to be paid without deduction of tax in the future. The arrangement cannot be applied to a dividend payable within seven weeks after the issue of the form. Tell the stockholder about the limitation if it is likely to apply.

If the exemption ceases to be applicable send a report to FICO (Scotland)