SCHEDULES
SCHEDULE 16Part 2: minor and consequential amendments
PART 3Amendments of other Acts
Finance Act 1950
65
In section 39(3)(b)(ii) (treatment for taxation purposes of enemy debts etc written off during the war), for βan expenses deduction for the purposes of Step 1 of section 76(7) of the Income and Corporation Taxes Act 1988β substitute β
ordinary BLAGAB management expenses for the purposes of section 76 of the Finance Act 2012
β
.