# Corporation Tax Act 2009, Section 325: Restriction on credits resulting from reversal of disallowed debits


(1) No credit is to be brought into account for the purposes of this Part in respect of the reversal of a debit disallowed by section 324(1).
(2) This section does not apply if fair value accounting is used.
(3) See also paragraph 61 of Schedule 2 (restriction on bringing into account credits resulting from reversal of debits disallowed in a period of account beginning before 1 January 2005).

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/325 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-325
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.