Finance Act 2002 (c. 23)

SCHEDULES

SCHEDULE 23 Exchange gains and losses from loan relationships etc

Part 1 Amendments of the Finance Act 1996

Continuity of treatment: groups etc

12 In paragraph 12 of Schedule 9, for sub-paragraph (8) (which applies sub-paragraphs (4) and (5) of paragraph 11 of the Schedule) substitute—

“(8) Sub-paragraph (5) of paragraph 11 above has effect for the purposes of this paragraph as it has effect for the purposes of that paragraph.”.