SCHEDULES
SCHEDULE 1Consequential amendments
Part 2Other enactments
Finance (No. 2) Act 1992 (c. 48)
457
1
Amend section 41 (relief for preliminary expenditure) as follows.
2
In subsection (1)—
a
for “tax purposes”, in the first place where it occurs, substitute “
the purposes of corporation tax
”
,
b
for “a person” substitute “
a company within the charge to corporation tax
”
,
c
for “that person” substitute “
the company
”
,
d
for “him” substitute “
it
”
, and
e
after “section 40D above” insert “
or section 143 of ITTOIA 2005
”
.
F13
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4
In subsection (7)—
a
after “this section” insert “
or section 137 of ITTOIA 2005 (corresponding income tax provision)
”
, and
b
for “tax purposes” substitute “
the purposes of corporation tax
”
.