53Definitions

53 Definitions (1) In this Division— ***annuities*** includes salaries and pensions; ***dividends*** includes all payments that are made by the name of dividend bonus or otherwise out of the revenue of trading or other public companies and are divisible between all or any of the members of those companies, whether the payments are usually made or declared at a fixed time or otherwise but does not include payments in the nature of a return or reimbursement of capital; ***rents*** includes rent service, rent charge and rent seck and all periodical payments or renderings in place of or in the nature of rent. (2) For the purposes of this Division the divisible revenue referred to in the definition of ***dividends*** is to be taken to have accrued by equal daily increment during and within the period for or in respect of which the payment of the revenue is declared or expressed to be made. (3) Nothing in this Division renders apportionable any annual sums made payable in any policies of assurance. (4) This Division does not extend to any case in which it is expressly stipulated that no apportionment is to take place. No. 6387 s. 73.