Finance Act 1996 (c. 8)

SCHEDULES

SCHEDULE 14 U.K. Loan relationships: minor and consequential amendments

The Finance Act 1989 (c. 26) U.K.

56 U.K. In section 88(3) of the Finance Act 1989 (relevant profits of company), the following paragraph shall be inserted before paragraph (a)—

“(aa) amounts falling in respect of any non-trading deficits on the company’s loan relationships to be brought into account in that period in accordance with paragraph 4 of Schedule 11 to the Finance Act 1996,”.