4(1)Section 85 is amended as follows.
(2)In subsection (2) (accounting methods authorised only if the conditions in the paragraphs of the subsection are satisfied) after paragraph (b) insert—
“(bb)it contains proper provision for determining exchange gains and losses from loan relationships for accounting periods; and”.
(3)In paragraph (c) of that subsection (accruals basis not to give debits by reference to valuation at different times of asset representing loan relationship) after “(other than” insert “provision in respect of exchange losses or”.