This document establishes the regulatory framework for the taxation of dividends and interest paid by building societies in the United Kingdom. The regulations were issued by the government of Great Britain to clarify the administrative obligations of financial institutions regarding income tax deductions and reporting requirements for their members. The text serves as a formal legal instrument designed to ensure compliance with national tax statutes.

Legal professionals and financial auditors utilize this text as a primary source for understanding historical tax compliance obligations within the UK building society sector. It is regarded as a technical regulatory document intended for practitioners rather than general readers.