[446A Non-market loans]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[Non-market loans]

[446A  Non-market loans]

[(1)     This section applies as respects any accounting period if—

(a)     a company has a debtor relationship in the period,

(b)     the amount recognised in the company's accounts in respect of the debt at the time the company became party to the debtor relationship was less than the transaction price,

(c)     credits in respect of the whole or part of the discount were not brought into account for the purposes of this Part, and

(d)

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