479 Relevant non-lending relationships not involving discounts
Corporation Tax Act 2009 (2009 c 4) | Legislation

479  Relevant non-lending relationships not involving discounts

(1)     A company has a relevant non-lending relationship if—

(a)     the company stands, or has stood, in the position of a creditor or debtor in relation to a money debt,

(b)     the money debt did not arise from a transaction for the lending of money (and so, because of section 302(1)(b), there is no loan relationship), and

(c)     the money debt is one of the kinds

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