Part 1 Amendments of the Finance Act 1996

1. 1Introductory
2. 2Meaning of “related transaction”
3. 3Exchange gains and losses from loan relationships etc
4. 4Authorised accounting methods
5. 5Convertible securities etc: exchange gains and losses
6. 6Extension of section 100 to exchange gains and losses and to items other than money debts
7. 7Interpretation
8. 8Bad debt etc: cases where departure allowed from assumption of prompt payment in full
9. 9Bad debts etc where parties have a connection
10. 10Transactions not at arm’s length
11. 11Exchange gains and losses where loan not on arm’s length terms
12. 12Continuity of treatment: groups etc
13. 13Loan relationships for unallowable purposes
14. 14Life assurance business
15. 15Special provisions for insurers: apportionments
16. 16Savings and transitional provisions in the Finance Act 1996