Paragraph 4 Regulation of loans etc.

In the period beginning on 11th September 2006 and ending on 31st December 2006, section 71M has effect as if—

(a)

in subsection (1)—

(i)

for “each year” there was substituted “2006”;

(ii)

paragraphs (a) and (b) were omitted;

(iii)

for paragraph (c), there were substituted—

“(c)

11th to 30th September;”;

(b)

in subsection (3), for the words “in that year” (as they appear in the definition of “relevant transaction”), there were substituted “in the period beginning on 11th September 2006 and ending on 31st December 2006”.