{
  "url": "https://openlegislation.uk/draft-corporation-tax-exclusion-from-short-term-loan-relationships-regulations-2009/regulation-2",
  "json_url": "https://openlegislation.uk/draft-corporation-tax-exclusion-from-short-term-loan-relationships-regulations-2009/regulation-2.json",
  "legislation": "ukdsi/2009/9780111487327",
  "legislation_title": "The Corporation Tax (Exclusion from Short-Term Loan Relationships) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/draft-corporation-tax-exclusion-from-short-term-loan-relationships-regulations-2009",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Exclusion from short-term loan relationship",
  "text": "For the purposes of paragraph 60 of Schedule 15 to FA 2009 (intra-group short-term finance: financing expense), a finance arrangement is not to be taken as a short-term loan relationship for the relevant period or any parts of the relevant period where—\n(a) any part or all of the finance arrangement is made for a long-term funding purpose; or\n(b) the finance arrangement is a long-term aggregated loan relationship.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2009/9780111487327/regulation/2",
    "retrieved_at": "2026-10-30T14:56:35.839265+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."
}