This section has no associated Explanatory Notes
41(1)Section 544 (meaning of “property financing costs” etc) is amended as follows.U.K.
(2)In subsection (5) for “include” and paragraphs (a) to (e) substitute “are—
(a)interest payable on borrowing,
(b)amortisation of discounts relating to borrowing,
(c)amortisation of premiums relating to borrowing,
(d)the financing expense implicit in payments made under finance leases, and
(e)alternative finance return (as defined in sections 511 to 513 of CTA 2009).”
(3)After subsection (5) insert—
“(6)The Treasury may by regulations amend the list of matters in subsection (5) by inserting, omitting or amending a description of a matter.”