# The Corporation Tax (Exclusion from Short-Term Loan Relationships) Regulations 2009, Regulation 2: Exclusion from short-term loan relationship


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—
(a) any part or all of the finance arrangement is made for a long-term funding purpose; or
(b) the finance arrangement is a long-term aggregated loan relationship.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111487327/regulation/2 (the official version)
Page: https://openlegislation.uk/draft-corporation-tax-exclusion-from-short-term-loan-relationships-regulations-2009/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.