# Corporation Tax Act 2009, Section 211: Loan relationships and derivative contracts


(1) The profits of a property business are calculated without regard to items giving rise to—
(a) credits or debits within Part 5 (loan relationships), or
(b) credits or debits within Part 7 (derivative contracts).
(2) This section does not affect the width of the provision made by—
(a) section 464 (priority of Part 5 for corporation tax purposes), or
(b) section 699 (priority of Part 7 for corporation tax purposes).

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/211 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-211
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.