4(1)For the heading to the present Part I substitute—
“Part IIU.K. Loans, Quasi-loans and Other Dealings in Favour of Directors”
(2)Paragraphs 1 to 3 and 5 to 14 of that Part shall be renumbered 15 to 27, and internal cross-references in that Part shall be renumbered accordingly.
(3)F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)In paragraph 1 (renumbered 15) for “Group accounts” substitute “ The group accounts of a holding company, or if it is not required to prepare group accounts its individual accounts, ”.
(5)For the heading before paragraph 11 (renumbered 24) substitute—
“ Excluded transactions”
Textual Amendments
F1Sch. 4 para. 4(3) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), s. 1(1), {Sch. 1 Pt. 17 Group 5}