Consequential amendments
8(1)Part 10 of TIOPA 2010 (corporate interest restriction) is amended as follows.
(2)In section 413(6) (adjusted net group-interest expense: “relevant enactment”) for paragraph (b) substitute—
“(b)section 320B of CTA 2009 (hybrid capital instruments: amounts recognised in equity).”
(3)In section 415 (qualifying net group-interest expense: interpretation), omit subsection (8).