Finance Act 2020 (c. 14)

SCHEDULES

SCHEDULE 2 U.K. The loan charge: consequential amendments

PART 2 U.K. Amendments in consequence of section 16

F(No.2)A 2017 U.K.

27 U.K. In paragraph 2 (meaning of “loan”, “quasi-loan” and “approved repayment date”)—

(a) in sub-paragraph (2), in the words before paragraph (a), for “paragraph 1” substitute “ paragraphs 1 and 1A ”,

(b) in sub-paragraph (4) for “paragraph 1” substitute “ paragraphs 1 and 1A ”, and

(c) in sub-paragraph (5) for “paragraph 1” substitute “ paragraphs 1 and 1A ”.