# Finance Act 2002, Paragraph 60: Interest charged to capital


(1) Section 40 of the Taxation of Chargeable Gains Act 1992 (c. 12) is amended as follows.
(2) After subsection (3) add—
“(4) In consequence of Chapter 2 of Part 4 of the Finance Act 1996 (c. 8) (loan relationships) this section does not have effect in relation to interest referable to an accounting period ending on or after 1st April 1996.”.

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Source: https://www.legislation.gov.uk/ukpga/2002/23/schedule/25/paragraph/60 (the official version)
Page: https://openlegislation.uk/finance-act-2002/schedule-25/paragraph-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.