qualified designated distribution
(B)For purposes of this paragraph, the term “qualified designated distribution” means any distribution made by the investment company if— (i)applies to such distribution, and (ii)such distribution is designated (at such time and in such manner as the Secretary shall by regulations prescribe) as being taken into account under this paragraph with respect to the non-RIC year. (C)Any qualified designated distribution shall not be included in the amount of dividends paid for purposes of computing the dividends paid deduction for any taxable year.