Amendment of Schedule 11 to the Finance Act 19969

1

Amend Schedule 11 to the Finance Act 1996 (loan relationships: special provision for insurers) as follows.

2

In paragraph 3A(5)20—

a

for “subsections (6) and (8)” substitute “subsections (6), (6A) and (8)”;

b

in paragraph (b) for “the reference in subsection (6)(a)” substitute “the references in subsections (6)(a) and (6A)(a)”.