# Finance (No. 2) Act 2015, Paragraph 41


In section 422 (transfer of loan relationship at notional carrying value), in subsection (3)—
(a) omit paragraph (a) (including the “and” at the end), and
(b) in paragraph (b), for “its carrying value in” substitute “ its tax-adjusted carrying value based on ”.

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Source: https://www.legislation.gov.uk/ukpga/2015/33/schedule/7/paragraph/41 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2015/schedule-7/paragraph-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.