366(1)Amend section 18 (interest paid without deduction of income tax) as follows.U.K.
(2)In subsection (3E)(b) for “relevant” substitute “ deeply ”.
(3)For subsection (3F) substitute—
“(3F)In subsection (3E)(b) above “deeply discounted security” has the same meaning as in Chapter 8 of Part 4 of ITTOIA 2005 (profits from deeply discounted securities) (see section 430 of that Act).”