13(1)Section 228B of CAA 2001 (S's income or profits: deductions) is amended as follows.E+W+S+N.I.
(2)After subsection (4) insert—
“(5)If the use mentioned in section 228A(2)(b) includes use by a person (other than B) who is connected with S, this section applies in relation to that person as it applies in relation to S.”
(3)Accordingly, in the heading, after “profits” insert “ etc ”.
(4)The amendments made by this paragraph have effect in relation to transactions referred to in section 228A(2)(a) of CAA 2001 entered into on or after 12 March 2008.