This section has no associated Explanatory Notes
397(1)Amend section 4 (capital expenditure) as follows.U.K.
(2)In subsection (4) for “section 348 or 349(1) of ICTA (annual payments)” substitute “ Chapter 6 of Part 15 of ITA 2007 (deduction from annual payments or patent royalties) or under section 906 of that Act (certain royalties etc where usual place of abode of owner is abroad) ”.
(3)Omit subsection (5).