# Corporation Tax Act 2009, Section 304: “Related transaction”


(1) In this Part “related transaction”, in relation to a loan relationship, means any disposal or acquisition (in whole or in part) of rights or liabilities under the relationship.
(2) For this purpose the cases where there is taken to be such a disposal and acquisition include those where rights or liabilities under the loan relationship are transferred or extinguished by any sale, gift, exchange, surrender, redemption or release.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/304 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-304
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.