SCHEDULE 16E+W+S+N.I.Part 2: minor and consequential amendments

PART 3 E+W+S+N.I.Amendments of other Acts

Finance Act 1950E+W+S+N.I.

65In section 39(3)(b)(ii) (treatment for taxation purposes of enemy debts etc written off during the war), for β€œan expenses deduction for the purposes of Step 1 of section 76(7) of the Income and Corporation Taxes Act 1988” substitute β€œ ordinary BLAGAB management expenses for the purposes of section 76 of the Finance Act 2012 ”.