# Finance Act 2018, Paragraph 5


In section 412 (section 411: interpretation), after subsection (3) insert—
“(3A) For the purposes of section 411(1)(e)(iii) and (2)(d)(iii) losses or gains are in respect of risks arising in the ordinary course of “a financial trade” only so far as the risks relate to amounts which are or are likely to be—
(a) relevant expense amounts, or
(b) relevant income amounts,
of the worldwide group for any period of account.”

---
Source: https://www.legislation.gov.uk/ukpga/2018/3/schedule/8/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-2018/schedule-8/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.