{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-755",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-755.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/755",
  "kind": "section",
  "number": "755",
  "heading": "Exception: transfer by way of security",
  "text": "(1) This Chapter does not apply if—\n(a) the consideration for the transfer is the advance under a type 1 finance arrangement, and\n(b) the transferor is, or is a member of a partnership which is, the borrower in relation to the arrangement.\n(2) This Chapter does not apply if—\n(a) the consideration for the transfer is the advance under a type 2 finance arrangement or a type 3 finance arrangement, and\n(b) the transferor is a member of the partnership which receives that advance under the arrangement.\n(3) In this section—\n“type 1 finance arrangement” has the meaning given for the purposes of Chapter 2 by section 758,\n“type 2 finance arrangement” has the meaning given for the purposes of Chapter 2 by section 763, and\n“type 3 finance arrangement” has the meaning given for the purposes of Chapter 2 by section 767.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/755",
    "retrieved_at": "2026-10-29T09:10:29.433154+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}