SCHEDULES

SCHEDULE 8Minor and consequential amendments

Part 7Alternative finance arrangements

Finance Act 1986 (c. 41)

194

FA 1986 is amended as follows.

195

In section 78(7)(d) (loan capital)—

a

for “which fall within section 48A of the Finance Act 2005” substitute “ to which section 564G of the Income Tax Act 2007 ”, and

b

after “bonds)” insert “ applies ”.

196

In section 79 (loan capital: new provisions)—

a

in subsection (6), as it has effect by virtue of subsection (8A)(a) of that section, for “section 48A(1) of the Finance Act 2005”, in both places, substitute “ section 564G(1) of the Income Tax Act 2007 ”, and

b

in subsection (8A)(b) for “section 48A of the Finance Act 2005” substitute “ section 564G of the Income Tax Act 2007 ”.

197

In section 99(9A) (interpretation)—

a

for “falling within section 48A of the Finance Act 2005” substitute “ to which section 564G of the Income Tax Act 2007 ”, and

b

after “bonds)” insert “ applies ”.