344 Introduction
Corporation Tax Act 2009 (2009 c 4) | Legislation

Transferee leaving group after replacing transferor as party to loan relationship

344 Ìý±õ²Ô³Ù°ù´Ç»å³Ü³¦³Ù¾±´Ç²Ô

(1)     Sections 345 and 346 apply if—

(a)     this Chapter applies in the case mentioned in section 336 (transfers of loans on group transactions),

(b)     section 341 (transferor using fair value accounting) does not apply, and

(c)     before the end of the relevant 6 year period and while still a party to the relevant loan relationship, the transferee ceases to

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