79 Relief for loan to acquire interest in a close company.U.K.
(1)At the end of subsection (3A) of section 360 of the Taxes Act 1988 (loan to buy interest in close company) there shall be inserted the words “ or makes a claim in respect of them under Schedule 5B to the 1992 Act ”.
(2)This section has effect in relation to shares acquired on or after 6th April 1998.