13.—(1) Paragraph 85B(1) (transparent entities) is amended as follows.
(2) In sub-paragraph (1)(a) for “to which paragraph 85(1) or (1A) applies (or to which either of those provisions would apply” substitute “mentioned in paragraph 85(1) or (1A) (or which would be of such a kind”.
(3) In sub-paragraph (2) for “85(2)” substitute “85”.
(4) In sub-paragraph (4) for “assets” substitute “intangible fixed assets”.
(5) In sub-paragraph (5)(a) after “transfer”, in each place, insert “of those intangible fixed assets”.
Paragraphs 85B to 85D were inserted by paragraph 5 of Schedule 3 to S.I. 2007/3186.