http://www.legislation.gov.uk/id/ukpga/2015/33/schedule/7

SCHEDULES

SCHEDULE 7Loan relationships and derivative contracts

PART 2Derivative contracts: amendments of Part 7 of CTA 2009

78

In section 622 (contracts ceasing to be derivative contracts), in subsection (4), for “the carrying value of the contract in” substitute “ the tax-adjusted carrying value of the contract based on ”.