# The Finance Act 2002, Schedule 26, Parts 2 and 9 (Amendment No. 2) Order 2005, Article 15: Amendment of Part 9 of Schedule 26 to the Finance Act 2002


(1) Amend paragraph 45F as follows.
(2) After sub-paragraph (2)(e) insert—
“(f) the asset representing the creditor relationship is not an existing asset.”.
(3) In sub-paragraph (7) after “this paragraph” insert—
“—
“existing asset” means an asset in relation to which paragraph 11(2) of Schedule 10 to the Finance Act 2004 has effect;”.
(4) For sub-paragraph (8) substitute—
“(8) The creditor relationship shall not be treated as a qualifying corporate bond by virtue of section 117(A1) of the Taxation of Chargeable Gains Act 1992.”.

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Source: https://www.legislation.gov.uk/uksi/2005/2082/article/15 (the official version)
Page: https://openlegislation.uk/finance-act-2002-schedule-26-parts-2-and-9-amendment-no-2-order-2005/article-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.