424 Reorganisations involving loan relationships
Corporation Tax Act 2009 (2009 c 4) | Legislation

424  Reorganisations involving loan relationships

(1)     This section applies if—

(a)     sections 127 to 130 of TCGA 1992 (reorganisations: equation of original shares and new holding)—

(i)     apply in relation to a reorganisation, or

(ii)     would so apply but for section 116(5) of that Act (which disapplies those sections where the original shares or the new holding consists of or includes a qualifying corporate bond),

(b)     the original shares consist of

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