Section 509 Application of Part 5: general

(1)

Part 5 applies in relation to alternative finance arrangements to which a company (“A”) is a party as if the arrangements were a loan relationship to which A is a party.

(2)

Accordingly, references in the Corporation Tax Acts to a loan relationship include references to such alternative finance arrangements.

(3)

Section 510 makes further provision about the way in which Part 5 applies to particular descriptions of alternative finance arrangements.

Notes on Part 6

Modifications

C1: Pt. 6 modified (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by 2005 c. 5, Sch. A1 para. 35(7) (as inserted by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 1)