Paragraph 344

(1)

Amend section 220 (allocation of expenditure to a chargeable period) as follows.

(2)

In subsection (A1)—

(a)

in paragraph (a) for “ICTA” substitute “ CTA ”, and

(b)

in paragraph (b)—

(i)

for “ICTA” (after “that”) substitute “ CTA ”, and

(ii)

for “an ICTA” substitute “ a CTA ”.

(3)

In subsection (5)—

(a)

for “An ICTA” substitute “ A CTA ”, and

(b)

for “ICTA” (after “the”) substitute “ CTA ”.

(4)

In subsection (6)—

(a)

for “An “ICTA” substitute “ A “CTA” , and

(b)

for “section 832(1) of ICTA” substitute “ section 1119 of CTA 2010 ”.

(5)

In subsection (10) for “Schedule 18 to ICTA” substitute “ Chapter 6 of Part 5 of CTA 2010 ”.