{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-541",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-541.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/1/paragraph/541",
  "kind": "paragraph",
  "number": "541",
  "heading": null,
  "text": "(1) Amend Schedule 23 (exchange gains and losses from loan relationships etc) as follows.\n(2) Omit paragraph 25 (anti-avoidance: change of accounting period).\n(3) In paragraph 26 (deferred foreign exchange gains)—\n(a) in sub-paragraph (2)—\n(i) in paragraph (a) for “Chapter 2 of Part 4 of the Finance Act 1996 (c. 8)” substitute “ Part 5 of the Corporation Tax Act 2009 ”,\n(ii) in paragraph (b) for “that Chapter” substitute “ that Part ”, and\n(iii) in paragraph (c) for “section 82(2) of the Finance Act 1996” substitute “ section 297(2) of the Corporation Tax Act 2009 ”, and\n(b) in sub-paragraph (5) for “subsection (8) of section 84A of the Finance Act 1996” and “subsection (9)” substitute “ section 328(5) of the Corporation Tax Act 2009 ” and “ subsection (6) ” respectively.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/541",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}