# Corporation Tax Act 2009, Section 600: Contract which is or forms part of financial asset or liability


(1) This section applies to a derivative contract which meets the condition in section 579(1)(b) (contract which is or forms part of a financial asset or liability for accounting purposes).
(2) The amounts to be brought into account in accordance with this Part in respect of the contract are to be determined on the basis of fair value accounting.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/600 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-600
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.