# Finance Act 2011, Paragraph 8


(1) Omit section 453 of CTA 2009 (connected parties deriving benefit from creditor relationships).
(2) That repeal has effect in relation to loan relationships to which a company is a party on or after the commencement date.
(3) But amounts are to continue to be brought into account for the purposes of Part 5 of CTA 2009 disregarding that repeal if the amounts relate to a time before the commencement date.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/5/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-5/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.