SCHEDULES

SCHEDULE 7U.K.Loan relationships and derivative contracts

PART 1 U.K.Loan relationships: amendments of Parts 5 and 6 of CTA 2009

2U.K.In section 306 (overview of Chapter 3 of Part 5), in subsection (2)—

(a)before paragraph (a) insert—

“(za)makes provision about the matters in respect of which amounts are to be brought into account (see section 306A),”,

(b)in paragraph (c), for “policy” substitute “ basis ”, and

(c)for paragraph (g) substitute—

“(g)makes provision about cases where amounts are recognised even though companies are not, or have ceased to be, parties to loan relationships (see section 330A), and”.