Meaning of “restitution interest”
This section has no associated Explanatory Memorandum
7. In section 357YC (meaning of “restitution interest”)—
(a)in subsection (2) for “a claim by the company for restitution” substitute “a company’s right (or possible right) to restitution”, and
(b)for subsection (3)(b) substitute—
“(b)the Commissioners have in final settlement of a claim in respect of the right (or possible right) mentioned in subsection (2) entered into an agreement under which a person is entitled to be paid, or is to retain, the interest.”.