This section has no associated Explanatory Notes
79U.K.In section 625 (group member replacing another as party to derivative contract), in subsection (6)(b), for “its carrying value in” substitute “ its tax-adjusted carrying value based on ”.
79U.K.In section 625 (group member replacing another as party to derivative contract), in subsection (6)(b), for “its carrying value in” substitute “ its tax-adjusted carrying value based on ”.