# Finance Act 1994, Paragraph 26

Extent: E+W+S+N.I.

Where liability for a loan made to the Board is vested in a successor company by virtue of a section 85 transfer scheme, the vesting shall not affect any direction given, or having effect as if given, by the Treasury under section 755 of the Income Tax (Trading and Other Income) Act 2005 (income tax exemption for interest on foreign currency securities) in respect of the loan.

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Source: https://www.legislation.gov.uk/ukpga/1994/9/schedule/24/paragraph/26 (the official version)
Page: https://openlegislation.uk/finance-act-1994/schedule-24/paragraph-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.