Finance (No. 2) Act 2015 (c. 33)

SCHEDULES

SCHEDULE 7 U.K. Loan relationships and derivative contracts

PART 1 U.K. Loan relationships: amendments of Parts 5 and 6 of CTA 2009

57 U.K. In section 521F (shares becoming or ceasing to be shares to which section 521B applies)—

(a) in subsection (3), for “its carrying value in” substitute “ its tax-adjusted carrying value based on ”, and

(b) omit subsection (4).