739S Statement to be given to recipients on the making of an IREF relevant payment

(1) Every IREF shall, at the time of the IREF taxable event (within the meaning of paragraphs (a) to (e) of the definition of “IREF taxable event”), give the unit holder a statement in writing, or by means of electronic communications, specifying the following details:

(a) the name and address of the IREF;

(b) the name and address of the unit holder;

(c) the date the IREF taxable event occurred;

(d) the IREF taxable amount;

(e) the amount of the IREF withholding tax deducted in relation to the IREF taxable event.

(2) Section 152(2) shall apply to the failure by an IREF to comply with this section, with any necessary modifications.