18(1)Paragraph 15 of Schedule 9 to the Finance Act 1996 (c. 8) (repo transactions not related transactions for purposes of loan relationship provisions) is amended as follows.U.K.
(2)In sub-paragraph (3), after “means” insert “ (subject to sub-paragraph (3A)) ”.
(3)After that sub-paragraph insert—
“(3A)Arrangements are not repo or stock-lending arrangements if they are excluded from section 730A of the Taxes Act 1988 by subsection (8) of that section.”.