16(1)Section 91E of FA 1996 (shares treated as loan relationship: schemes etc designed to produce return equating to return on investment of money at interest) is amended as follows.U.K.
(2)In subsection (1)—
(a)after “arrangement” insert “ (whether or not the investing company is a party to it) ”, and
(b)after “return” insert “ (for any one or more persons) ”.
(3)In subsection (3), insert at the end (but not as part of paragraph (d))— “ and acquiring rights or receiving benefits in respect of other shares. ”
(4)The amendments made by this paragraph have effect in relation to times on or after 12 March 2008.