158(1)Amend section 109 (corporation tax on close companies in connection with loans to participators etc) as follows.U.K.
(2)In subsection (1) for “sections 419 and 420 of the principal Act” substitute “ sections 455 to 459 of CTA 2010 ”.
(3)In subsection (3) for “the said section 419” substitute “ section 455 of CTA 2010 ”.
(4)In subsection (3A)—
(a)in paragraph (a) for “subsection (4) of section 419 of the principal Act” substitute “ subsection (2) of section 458 of CTA 2010 ”, and
(b)for “the said section 419” substitute “ section 455 of CTA 2010 ”.
(5)In subsection (4) for “section 419(4) of the principal Act” substitute “ section 458 of CTA 2010 ”.
(6)In subsection (5) for “the said sections 419 and 420” substitute “ sections 455 to 459 of CTA 2010 ”.