161(1)Amend section 709 (meaning of “tax advantage” and other expressions) as follows.U.K.
(2)In subsection (1) for “tax”, in each place where it occurs, substitute “ corporation tax ”.
(3)In subsection (4)(a) for “he”, in both places where it occurs, substitute “ the recipient ”.
(4)In subsection (6)(a)—
(a)for “he”, in both places where it occurs, substitute “ the recipient ”, and
(b)for “him” substitute “ the recipient ”.
(5)In the sidenote for “ “tax advantage”” substitute “corporation tax advantage” .