Consequential amendmentsU.K.
11(1)Section 104 of FA 1991 is amended as follows.U.K.
(2)In subsection (1), omit “and sections 105 and 106 below”.
(3)In subsection (2), omit “and section 106 (but not section 105) below”.
12U.K.In FA 2008, omit section 105.
13U.K.In Part 2 of ITTOIA 2005, Chapter 16A is amended as follows.
14(1)Section 225N is amended as follows.U.K.
(2)Omit subsection (5).
(3)In subsection (6), in the definition of “abandonment guarantee”—
(a)for “section 105 of FA 1991” substitute “ section 3 of OTA 1975 ”, and
(b)for “that Act” substitute “ FA 1991 ”.
(4)The heading of that section becomes “ Expenditure on abandonment guarantees ”.
15U.K.Omit sections 225P and 225Q.
16U.K.In section 225R (introduction to sections 225S and 225T)—
(a)in subsection (1), for “Sections 225S and 225T apply” substitute “ Section 225S applies ”;
(b)the heading of section 225R becomes “ Introduction to section 225S ”.
17U.K.In Part 8 of CTA 2010, Chapter 4 is amended as follows.
18(1)Section 292 is amended as follows.U.K.
(2)Omit subsection (5).
(3)In subsection (6), in the definition of “abandonment guarantee”—
(a)for “section 105 of FA 1991” substitute “ section 3 of OTA 1975 ”, and
(b)for “that Act” substitute “ FA 1991 ”.
(4)The heading of that section becomes “ Expenditure on abandonment guarantees ”.
19U.K.Omit sections 294 and 295.
20U.K.In section 296 (introduction to sections 297 and 298)—
(a)in subsection (1), for “Sections 297 and 298 apply” substitute “ Section 297 applies ”;
(b)the heading of section 296 becomes “ Introduction to section 297 ”.