- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (Fel y'i Deddfwyd)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
7(1)Section 606 of that Act (derivative contracts: exchange gains and losses) is amended as follows.
(2)In subsection (2), after “subsections” insert “(2A),”.
(3)After that subsection insert—
“(2A)Subsection (1) does not apply to an exchange gain or loss of an investment company (within the meaning of section 17 of CTA 2010) which would not have arisen but for a change in the company’s functional currency (within the meaning of section 17(4) of that Act) as between—
(a)the period of account of the company in which the gain or loss arises, and
(b)a period of account of the company ending in the 12 months immediately preceding that period.”
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