Paragraph 4

For the heading to the present Part I substitute—

“Part II

Loans, Quasi-loans and Other Dealings in Favour of Directors”

Paragraphs 1 to 3 and 5 to 14 of that Part shall be renumbered 15 to 27, and internal cross-references in that Part shall be renumbered accordingly.

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

In paragraph 1 (renumbered 15) for “Group accounts” substitute “ The group accounts of a holding company, or if it is not required to prepare group accounts its individual accounts, ”.

For the heading before paragraph 11 (renumbered 24) substitute—

“ Excluded transactions”