SCHEDULES

SCHEDULE 1 U.K.Minor and consequential amendments

Part 1 U.K.Income and Corporation Taxes Act 1988

237 (1) Amend Schedule 20 (charities: qualifying investments and loans) as follows. U.K.

(2) In paragraph 8 for the words from “for corporation tax” to the end substitute “ section 56(5) ”.

(3) In paragraph 9(1) for “charity”, in both places where it occurs, substitute “ charitable company ”.

(4) In paragraph 10(1)—

(a) in paragraph (b) for “charity”, in both places where it occurs, substitute “ charitable company ”, and

(b) in paragraph (d) for “charity”, in both places where it occurs, substitute “ charitable company ”.

(5) In the heading for “Charities” substitute “ Charitable companies ”.