Regulation 7 Amendments to the Loan Relationships and Derivative Contracts (Change of Accounting Practice) Regulations 2004

In regulation 4 (prescribed debits and credits)^f1, in paragraph (1)—

(a)

for “in any accounting period of a company beginning on or after 1st January 2005” substitute “which represent an adjustment arising from a change in accounting policy”,

(b)

for sub-paragraph (a) substitute—

“(a)
section 308 of CTA 2009;”, and

(c)

for sub-paragraph (c) substitute—

“(c)
section 597 of CTA 2009;”.

Annotations

Footnotes

f1: Regulation 4 was relevantly amended by S.I. 2007/950 and 2014/3187.