7(1)Section 91A of FA 1996 (shares treated as loan relationship: shares subject to outstanding third party obligations which are interest-like investments) is amended as follows.U.K.
(2)After subsection (2) insert—
“(2A)No debits are to be brought into account by the investing company for the purposes of this Chapter as respects the share.”
(3)In subsections (3) and (4), omit “debits and”.