2(1)In paragraph 41(4) of that Schedule (the requirement not to enter into tax avoidance arrangements: exemption for finance leases)—U.K.
(a)in the first sentence omit “finance”;
(b)for the second sentence substitute— “ In this sub-paragraph “lease”, and “lessor” in relation to a lease, have the meaning given by paragraph 89(2). ”.
(2)In paragraph 147 (index of defined expressions)—
(a)omit the entry for “finance lease (and lessor and lessee) (in Part X)”;
(b)insert at the appropriate place—
| “lease (and lessor and lessee) (in Part X) | paragraph 89(2)”. |