(1) Subject to this Regulation, every specified person who makes a relevant payment in respect of an investment or an investment held in an account, shall, as respects the tax year 2005 and each subsequent tax year, make and deliver to the appropriate Revenue officer, within the time specified in Regulation 6, a return of the aggregate of all such relevant payments in respect of that investment or that account made in the tax year concerned by that specified person.

(2) The return referred to in paragraph (1) shall include, as respects -

(a) the specified person, the details set out in paragraph (3),

(b) each payee to whom the specified person makes a relevant payment, the details set out in paragraph (4), and