Paragraph 547

(1)

Amend Schedule 10 (tax) as follows.

(2)

In paragraph 9—

(a)

in sub-paragraph (1) for “section 84” to “that Act)” substitute “ Part 5 of the Corporation Tax Act 2009 (loan relationships) ”, and

(b)

in sub-paragraph (2) for the words “that Chapter” substitute “ that Part ”.

(3)

In paragraph 11—

(a)

in sub-paragraph (3) for the words from “section 100” to the end substitute “ section 173 of ITTOIA 2005 or section 162 of the Corporation Tax Act 2009 (valuation of trading stock on cessation). ”, and

(b)

in sub-paragraph (4) for the words from “section 100” to the end substitute “ section 174 of ITTOIA 2005 or (as the case may be) section 163 of the Corporation Tax Act 2009. ”