SCHEDULES

SCHEDULE 11U.K.Corporate interest restriction

Adjusted net group-interest expense: impairment debts and credits and connected companiesU.K.

8(1)Section 413 (meaning of “adjusted net group-interest expense”) is amended as follows.U.K.

(2)In subsection (3)(d)(i)—

(a)for “or 323A” substitute “ , 323A, 358 or 359 ”, and

(b)omit “(cases where credits not required to be brought into account)”.

(3)In subsection (4)(d)(i)—

(a)after “section 323A” insert “ or 354 ”, and

(b)omit “(cases where credits not required to be brought into account)”.