This section has no associated Explanatory Notes
627(1)Amend section 304 (applying the rules in section 303) as follows.U.K.
(2)In subsection (1)(b) for “term” substitute “ terms ”.
(3)In subsection (4) for the words from “securing” to the end substitute “securing—
(a)an income tax advantage in the application of this Chapter, or
(b)a corporation tax advantage in the application of Chapter 4 of Part 4 of CTA 2009 (profits of property business: lease premiums etc).”
(4)In subsection (5) after “applying” insert “ paragraph (b) of ”.