SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
726Finance Act 2007 (c. 11)
1
Amend Schedule 13 (sale and repurchase of securities) as follows.
2
In paragraph 1(1) after “in that case” insert “in respect of chargeable gains”.
3
Omit paragraphs 2 to 5, 7 to 10 and 12.
4
In paragraph 14—
a
in the definition of “creditor quasi-repo” for “paragraph 8” substitute “section 544 of CTA 2009”,
b
in the definition of “creditor repo” for “paragraph 7” substitute “section 543 of CTA 2009”,
c
in the definition of “debtor quasi-repo” for “paragraph 3” substitute “section 549 of CTA 2009”,
d
in the definition of “debtor repo” for “paragraph 2” substitute “section 548 of CTA 2009”, and
e
in the definition of “the loan relationship rules” for “Chapter 2 of Part 4 of FA 1996” substitute “Part 5 of CTA 2009”.
5
In paragraph 15(9)(b) for “paragraph 12” and “paragraph 10” substitute “section 547 of CTA 2009” and “section 546 of that Act” respectively.