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Chapter 6 Balancing paymentsC1

  1. 195Qualifying conditions for purposes of section 196
  2. 196Balancing payments between affected persons: no charge to, or relief from, tax
  3. 197Qualifying conditions for purposes of section 198
  4. 198Balancing payments by guarantor to borrower: no charge to, or relief from, tax
  5. 199Pre-conditions for making election under section 200
  6. 200Election to pay tax rather than make balancing payments
  7. 201Pre-conditions for making election under section 202
  8. 202Election, in guarantee case, to pay tax rather than make balancing payments
  9. 203Elections under section 200 or 202
  10. 204Meaning of “capital market condition” in sections 199 and 201

Annotations

Modifications

C1

Pt. 4 Chs. 1 and 3-6 applied (1.4.2022 in relation to accounting periods beginning on or after that date) by Finance Act 2022 (c. 3), s. 51(1), Sch. 9 paras. 3, 4

Notes on Part 4

Modifications

C1

Pt. 4 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)

C2

Pt. 4 excluded (1.10.2011) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 2 para. 6(2); S.I. 2011/2329, art. 3

C3

Pt. 4 excluded (1.4.2012) by Budget Responsibility and National Audit Act 2011 (c. 4), s. 29, Sch. 4 para. 3(2); S.I. 2011/2576, art. 5

C4

Pt. 4 excluded (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 129(11) (with s. 147, Sch. 17)