SCHEDULES

SCHEDULE 12Tax credit for certain foreign distributions

Part 2Consequential provision

ITA 2007

27

1

Section 592 (no tax credits for borrower under stock lending arrangement) is amended as follows.

2

In subsection (1)—

F2a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

in paragraph (c), omit “UK”, and

F3c

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .