OpenLegislation

Paragraph 30

(1)

For the purposes of Part 10 of TIOPA 2010 a debit or credit to which this paragraph applies is to be ignored.

(2)

This paragraph applies to a debit or credit if—

(a)

it is brought into account for the purposes of Part 5 of CTA 2009 by virtue of paragraphs 115 and 116 of Schedule 7 to F(No.2)A 2015 (transitional adjustments relating to loan relationships), or

(b)

it is brought into account for the purposes of Part 7 of CTA 2009 by virtue of paragraphs 120 and 121 of that Schedule (transitional adjustments relating to derivative contracts).