Finance Act 2018

12U.K.In paragraph 53(4)—

(a)in paragraph (a), for “relevant UK banking sub-group” substitute “ UK sub-group ”,

(b)for paragraph (b) substitute—

(b)is a chargeable UK resident entity which is a banking entity (see paragraph 15C(2)),,

(c)omit paragraph (c), and

(d)in paragraph (d), for “covered by paragraph 19(17)” substitute “ which is a member of the relevant group ”.