Finance Act 2011 (c. 11)

SCHEDULES

SCHEDULE 4 U.K. Amounts not fully recognised for accounting purposes

Derivative contracts U.K.

10 U.K. In section 689 (overview of Chapter 11), in subsection (2), omit the “and” at the end of paragraph (c), and after paragraph (d) insert “, and

(e) for rules about debits arising as a result of the derecognition of derivative contracts, see section 698A.”