Section CP 1 — Income Tax Act 2007: Attributed income of investors in multi-rate PIEs

CP 1 Attributed income of investors in multi-rate PIEs When this section applies (1) This section applies when a multi-rate PIE attributes an amount of income for an income year calculated under sections HM 35 , HM 35C , and HM 36 (which relate to the attribution of amounts to investors) to a person who is an investor in the PIE. Income (2) The amount is income of the person in the income year of the person in which the PIE’s income year ends. Defined in this Act: amount , income , income year , investor , multi-rate PIE , PIE Compare: 2007 No 97 s CP 1 Section CP 1: substituted, on 1 April 2010 (applying for the 2010–11 and later income years), by section 28(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34). Section CP 1(1): amended, on 29 August 2011, by section 6 of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).