# The International Movement of Capital (Required Information) Regulations 2009, Paragraph 5


(1) The fourth transaction is the issue of debentures by the foreign subsidiary to the reporting body or to a group company.
(2) The condition is that the circumstances specified in sub-paragraph (3) are not associated with or present in connection with the issue of the debentures.
(3) The circumstances are that a loan, whether or not of the same amount as that secured by the debentures, is made by a company which is not resident in the United Kingdom to a company which is resident in the United Kingdom.

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Source: https://www.legislation.gov.uk/uksi/2009/2192/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/international-movement-of-capital-required-information-regulations-2009/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.