SCHEDULES
SCHEDULE 25Loan relationships
Part 2Amendments of other enactments
The Finance Act 1988
59Commercial woodlands
1
Schedule 6 to the Finance Act 1988 (c. 39) is amended as follows.
2
In consequence of Chapter 2 of Part 4 of the Finance Act 1996 (loan relationships) in paragraph 3 (abolition of Schedule D election etc) omit—
a
sub-paragraphs (3)(a), (4)(a) and (5)(a) and (b);
b
in sub-paragraph (5), in the words following paragraph (c), the word “group”; and
c
sub-paragraph (6).