SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 1Income and Corporation Taxes Act 1988
237
1
Amend Schedule 20 (charities: qualifying investments and loans) as follows.
2
In paragraph 8 for the words from “for corporation tax” to the end substitute “
section 56(5)
”
.
3
In paragraph 9(1) for “charity”, in both places where it occurs, substitute “
charitable company
”
.
4
In paragraph 10(1)—
a
in paragraph (b) for “charity”, in both places where it occurs, substitute “
charitable company
”
, and
b
in paragraph (d) for “charity”, in both places where it occurs, substitute “
charitable company
”
.
5
In the heading for “Charities” substitute “
Charitable companies
”
.