Sch 7 para 55
In section 476 (other definitions), in subsection (1)— (a) before the definition of “alternative finance arrangements” insert— “ accounting policy ”, in relation to a company, means the principles, bases, conventions, rules and practices that the company applies in preparing and presenting its financial statements, (b) after the definition of “equity instrument” insert— “ fair value ” has the meaning it has for accounting purposes, (c) after the definition of “release debit” insert— “ relevant contract ” has the same meaning as in Part 7 (see section 577), (d) in the definition of “tax advantage”, for “has” substitute “ , except in the expression “loan-related tax advantage”, has ” .