http://www.legislation.gov.uk/id/ukpga/2015/33/schedule/7

SCHEDULES

SCHEDULE 7Loan relationships and derivative contracts

PART 2Derivative contracts: amendments of Part 7 of CTA 2009

64

In section 599B (determination of credits and debits where amounts not fully recognised), in subsection (4)(b), for “carrying value” substitute “ tax-adjusted carrying value ”.