The Finance Act 2004, Sections 38 to 40 and 45 and Schedule 6 (Consequential Amendment of Enactments) Order 2004

Interest, and exchange gains and losses, on debts etc not arising from the lending of money

This section has no associated Explanatory Memorandum

49.  In section 100(9) of the Finance Act 1996(1) at the end of paragraph (c) add—

“or expenses payable falling to be brought into account in Step 1 of section 76(7) of that Act”.