68(1)In subsection (2) of section 129 of that Act (non-trading exchange gains), for the words after paragraph (b) there shall be substituted—
“and the rule in section 130(1) below shall apply.”
(2)In subsection (4) of that section (non-trading exchange losses), for the words after paragraph (b) there shall be substituted—
“and the rule in section 130(2) below shall apply.”
(3)Subsections (5) and (6) of that section (computation of net exchange gains or net exchange losses) shall cease to have effect.
(4)In subsection (7)(b) of that section (no gain or loss accruing on a right by virtue of a debt to receive income), for “(whether interest, dividend or otherwise)” there shall be substituted “ that is not interest falling to be brought into account for the purposes of Chapter II of Part IV of the Finance Act 1996 (loan relationships) as interest accruing, or (according to the authorised method of accounting used) becoming due and payable, in an accounting period ending after 31st March 1996 ”.