# Railways Act 2005, Paragraph 7

Extent: E+W+S

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 Part 5 of the Corporation Tax Act 2009 (loan relationships); or
(b) for the purposes of Part 7 of the Corporation Tax Act 2009 (derivative contracts).

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Source: https://www.legislation.gov.uk/ukpga/2005/14/schedule/10/paragraph/7 (the official version)
Page: https://openlegislation.uk/railways-act-2005/schedule-10/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.