SCHEDULES

SCHEDULE 23Exchange gains and losses from loan relationships etc

Part 2Amendments of other legislation

The Finance Act 2002

Intangible fixed assets: assets entirely excluded: financial assets

24

(1)

Schedule 29 to the Finance Act 2002 (gains and losses of a company from intangible fixed assets) is amended as follows.

(2)

In paragraph 75 (assets entirely excluded: financial assets) in sub-paragraph (3) for paragraph (a) (money debts) substitute—

“(a)

loan relationships;”.