29(1)Amend section 43E (interposed lease: exceptions, etc.) as follows.
(2)In subsection (4)—
(a)after “brought into account” insert “—
(a)”, and
(b)at the end insert “or
(b)in computing under Chapter 2 of Part 2 of ITTOIA 2005 the profits of a trade carried on wholly or partly in the United Kingdom.”
(3)In subsection (5) after “Section 34” insert “and sections 277 to 281 of ITTOIA 2005”.