(1) For the purposes of this Chapter and Schedule 22 -
(a) references to a dividend shall, except where the context otherwise requires, be construed as including references to a distribution, and to an amount which under any enactment is to be treated as a distribution, made on or after the 6th day of April, 1976,
(b) in relation to such a distribution, including an amount to be so treated as a distribution, references to a dividend being paid or becoming payable or being received or becoming receivable on shares shall be construed as references to a distribution or an amount to be so treated as a distribution being made or received in respect of shares or securities, and
(c) in applying references to a dividend in relation to a distribution, "gross amount" or "gross dividend" means the distribution together with the tax credit to which the recipient of the distribution is entitled in respect of it, and "net amount" or "net dividend" means the distribution exclusive of any such tax cre
…