2. In paragraph 30A(5A)(1) (transferee leaving group after replacing transferor as party to derivative contract) before “transfer”, in each place, insert “merger or”.
Paragraph 30A was inserted by section 39 of, and paragraph 24(1) of Schedule 7 to, the Finance (No. 2) Act 2005 and sub-paragraph (5A) by paragraph 20 of Schedule 1 to S.I. 2007/3186.