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(i) 25 per cent of the amount referred to in subsections (1) and (3) of section 508U shall be treated as an amount calculated under section 1077E(11) section 1077E(11) or 1077F(3), as appropriate ;

(ii) where an assessment is made pursuant to section 508W(1)(a)(i), the amount calculated in accordance with section 1077E(11) section 1077E(11) or 1077F(3), as appropriate, shall be treated as a tax liability of the company which provided the statement to the specified individual;

(2) For the purposes of section 1086, section 1086 or 1086A, as appropriate, where an assessment is made pursuant to section 508W(1)(a)(i)—

(1)Section 1077E Section 1077E or 1077F, as appropriate shall apply to statements made under Chapter 6, and the following provisions shall apply:

(a) in subsections (2) and (5) of section 1077E subsections (2) and (5) of section 1077E or subsection (2) of section 1077F, as appropriate , the provision to an investor of—

(b) for the purposes of subsections (4) and (7) of section 1077E subsections (4) and (7) of section 1077E or subsections (6) and (8) of section 1077F, as appropriate —

(i) 25 per cent of the amount referred to in subsections (1) and (3) of section 508U shall be treated as an amount calculated under section 1077E(11) section 1077E(11) or 1077F(3), as appropriate ;

(ii) where an assessment is made pursuant to section 508W(1)(a)(i), the amount calculated in accordance with section 1077E(11) section 1077E(11) or 1077F(3), as appropriate, shall be treated as a tax liability of the company which provided the statement to the specified individual;

(c)subsection (11) of section 1077E subsection (11) of section 1077E or subsection (3) of 1077F, as appropriate, shall have effect as if—

(1)Section 1077E Section 1077E or 1077F, as appropriate shall apply to statements made under Chapter 6, and the following provisions shall apply:

(a) in subsections (2) and (5) of section 1077E subsections (2) and (5) of section 1077E or subsection (2) of section 1077F, as appropriate , the provision to an investor of—

(b) for the purposes of subsections (4) and (7) of section 1077E subsections (4) and (7) of section 1077E or subsections (6) and (8) of section 1077F, as appropriate —

(i) 25 per cent of the amount referred to in subsections (1) and (3) of section 508U shall be treated as an amount calculated under section 1077E(11) section 1077E(11) or 1077F(3), as appropriate ;

(ii) where an assessment is made pursuant to section 508W(1)(a)(i), the amount calculated in accordance with section 1077E(11) section 1077E(11) or 1077F(3), as appropriate, shall be treated as a tax liability of the company which provided the statement to the specified individual;

(c)subsection (11) of section 1077E subsection (11) of section 1077E or subsection (3) of 1077F, as appropriate, shall have effect as if—

(a) any interest arising under section 1080 shall be treated as interest payable by, and

(2) For the purposes of section 1086, section 1086 or 1086A, as appropriate, where an assessment is made pursuant to section 508W(1)(a)(i)—

(2) For the purposes of section 1086, section 1086 or 1086A, as appropriate, where an assessment is made pursuant to section 508W(1)(a)(i)—