SCHEDULES

SCHEDULE 18 U.K.Sale of lessors: election out of charge

Main changes U.K.

4 U.K.For section 392 (and the italic heading before it) substitute—

“ “Relevant change in relationship” U.K.

392 “Relevant change in relationship”

For the purposes of the sales of lessors Chapters there is a relevant change in the relationship between a company (“A”) and a principal company of A on any day in any of the circumstances in section 393 or 394 (qualifying 75% subsidiaries and consortium relationships).”