# Postal Services Act 2000, Paragraph 4


Any debt assumed by the Post Office company under section 74(1) shall be treated for the purposes of the Corporation Tax Acts as if it had been assumed wholly in consideration of a loan made to the company of an amount equal to the principal sum payable under the debt.

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Source: https://www.legislation.gov.uk/ukpga/2000/26/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/postal-services-act-2000/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.