Paragraph 307

(1)

Amend paragraph 13 of Schedule 33 (taxation provisions: public-private partnership agreements: sale and leaseback) as follows.

(2)

In sub-paragraph (1)—

(a)

for “section 779” substitute “ section 838 or 839 ”,

(b)

for “section 782 (leased assets: special cases)” substitute “ section 865 (leased trading assets: tax deduction not to exceed commercial rent) ”, and

(c)

for “Income and Corporation Taxes Act 1988” substitute “ Corporation Tax Act 2010 ”.

(3)

In sub-paragraph (2) for “Section 781” substitute “ Chapter 4 of Part 19 ”.