SCHEDULES
SCHEDULE 4 Withdrawal of relief for interest on loans to buy land etc.
Amendments of Part IX of the Taxes Act 1988
5
1
Section 370 of the Taxes Act 1988 (meaning of “relevant loan interest”) is amended as follows.
2
In subsection (1)—
a
for “sections 372” substitute “
sections 373
”
; and
F3b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F24
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
In subsection (5), for the words from “sections” to “each” substitute “
section 365 shall
”
.