44. Certificate to shareholder

Every company shall upon paying or distributing to a shareholder a dividend of a kind to which section 40 or 41 applies (whether tax is deducted therefrom or not) furnish the shareholder with a certificate setting forth in respect of the dividend—

the gross dividend paid to the shareholder;

the amount of tax—

which the company is entitled to deduct under section 40 or 41; or

the amount in fact paid or where section 41 applies and the dividend consists of property other than money, the amount of the market value of that property at the time of distribution of the dividend.