# Corporation Tax Act 2009, Paragraph 85


Section 648 (creditor relationships: embedded derivatives which are exactly tracking contracts for differences) does not apply to a derivative contract of a company for an accounting period if the asset representing the creditor relationship is an asset in relation to which paragraph 11(2) of Schedule 10 to FA 2004 has effect.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/paragraph/85 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-85
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.