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Paragraph 24

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

No credit or debit shall be required or allowed, in respect of a relevant transfer, to be brought into account in the transferor's case—

(a)

for the purposes of F1Part 5 of CTA 2009 (loan relationships), or

(b)

for the purposes of F2Part 7 of that Act (derivative contracts).

Annotations

Textual amendments

F1

Words in Sch. 13 para. 24(a) substituted (with effect in accordance with s. 1329(1) of the commencing Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 739(10)(a) (with Sch. 2 Pts. 1, 2)

F2

Words in Sch. 13 para. 24(b) substituted (with effect in accordance with s. 1329(1) of the commencing Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 739(10)(b) (with Sch. 2 Pts. 1, 2)