# Finance Act 2009, Paragraph 4


(1) This paragraph applies for the purposes of paragraph 3.
(2) Condition A is that the overdue payment and the repayment are in respect of different accounting periods.
(3) Condition B is that the overdue payment would (apart from paragraph 3) carry—
(a) late payment interest, or
(b) interest under regulations made by virtue of section 59E(2)(g) of TMA 1970.
(4) Condition C is that the repayment would (apart from paragraph 3) carry—
(a) repayment interest, or
(b) interest under regulations made by virtue of section 59E(2)(i) of TMA 1970.

---
Source: https://www.legislation.gov.uk/ukpga/2009/10/schedule/54A/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2009/schedule-54A/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.