SCHEDULES

SCHEDULE 7U.K.Loan relationships and derivative contracts

PART 2 U.K.Derivative contracts: amendments of Part 7 of CTA 2009

92U.K.In section 692 (allowance of accumulated net losses), in Step 3 in subsection (5)—

(a)for “the amount” substitute “ so much ”, and

(b)at the end insert “ as are referable to the unallowable purpose mentioned in subsection (1)(a) on a just and reasonable apportionment ”.