SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 1Income and Corporation Taxes Act 1988
171
1
Amend section 736B (deemed manufactured payments in the case of stock lending arrangements) as follows.
2
In subsection (2)—
a
after “that Schedule” insert “
, and section 97 of the Finance Act 1996 (loan relationships: manufactured interest),
”
, and
F1b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
In subsection (2A)—
a
in paragraph (a) omit “income tax or”, and
b
in paragraph (b) omit “total income or, as the case may be,”.