1(1)  This Part of this Schedule has effect for the purposes of corporation tax.

1(2)  In this Part of this Schedule–

the 1992 Act”  means the Taxation of Chargeable Gains Act 1992;

continuing loan relationship” , in relation to any company, means any loan relationship to which the company was a party both immediately before and on 1st April 1996;

first relevant accounting period” , in relation to a company, means the first accounting period of the company to end after 31st March 1996; and

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