SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Proceeds of Crime Act 2002 (c. 29)

547

(1)

Amend Schedule 10 (tax) as follows.

(2)

In paragraph 9—

(a)

in sub-paragraph (1) for “section 84” to “that Act)” substitute “ Part 5 of the Corporation Tax Act 2009 (loan relationships) ”, and

(b)

in sub-paragraph (2) for the words “that Chapter” substitute “ that Part ”.

(3)

In paragraph 11—

(a)

in sub-paragraph (3) for the words from “section 100” to the end substitute “ section 173 of ITTOIA 2005 or section 162 of the Corporation Tax Act 2009 (valuation of trading stock on cessation). ”, and

(b)

in sub-paragraph (4) for the words from “section 100” to the end substitute “ section 174 of ITTOIA 2005 or (as the case may be) section 163 of the Corporation Tax Act 2009. ”