Paragraph 7 I1

England, Wales and Scotland

No credit or debit shall be required or allowed, in respect of a relevant transfer, to be brought into account in the transferor's case—

(a)

for the purposes of F1Part 5 of the Corporation Tax Act 2009 (loan relationships); or

(b)

for the purposes of F2Part 7 of the Corporation Tax Act 2009 (derivative contracts).

Annotations

F1: Words in Sch. 10 para. 7(a) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(2)(a) (with Sch. 2 Pts. 1, 2)
F2: Words in Sch. 10 para. 7(b) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(2)(b) (with Sch. 2 Pts. 1, 2)

I1: Sch. 10 para. 7 in force at 8.6.2005 by S.I. 2005/1444, art. 2(1), Sch. 1