Finance (No. 2) Act 2015

This adran has no associated Nodiadau Esboniadol

43U.K.In section 433 (transfer of loan relationship at notional carrying value), in subsection (3)—

(a)omit paragraph (a) and the “and” immediately following it, and

(b)in paragraph (b), for “its carrying value in” substitute “ its tax-adjusted carrying value based on ”.