SCHEDULES
SCHEDULE 23Exchange gains and losses from loan relationships etc
Part 1Amendments of the Finance Act 1996
Special provisions for insurers: apportionments
15
In paragraph 3A of Schedule 11 (cases where money debt of insurance company is represented by a liability of the long term business fund) in sub-paragraph (1)—
(a)
in paragraph (a), for “money debt” substitute “
loan relationship
”
; and
(b)
in paragraph (b), omit “debt or”.